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Northern Vertex Files Filing Statement Regarding Qualifying Transaction With Kootenay Gold Inc.

Apr 22, 2010  Share:  Share on Facebook   Share on Twitter   Share on Google Plus   Share on LinkedIn

Northern Vertex Capital Inc. (NEE.P: TSX.V) ("Northern Vertex" or the "Company") announces that the Filing Statement and Technical Report required by the TSX Venture Exchange regarding the proposed qualifying transaction with Kootenay Gold Inc. ("Kootenay") have been filed and are available for viewing under the Company's profile on SEDAR at www.sedar.com.

Northern Vertex also advises that it plans to close the acquisition of the option to acquire a 60% interest in the Deer Park Property from Kootenay on or about April 30, 2010. Completion of the transaction is still subject to a number of conditions, including (a) completion by Northern Vertex of a private placement to raise aggregate gross proceeds of up to $575,000; and (b) TSX Venture Exchange approval.

There is no assurance that the transaction will be completed as proposed or at all.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

ON BEHALF OF THE BOARD

"Kenneth Berry" (signed)

Kenneth Berry, President

For further information, please contact Kenneth Berry, President
Telephone: 604-220-6890 Fax: 1-866-253-0508 or email: berryk@telus.net
Address: Suite 920, 1055 West Hastings Street, Vancouver, British Columbia V6E 2E9