Nuvo Pharmaceuticals Inc. [MISSISSAUGA, ON] (TSX: NRI) announced that Mary-Jane Burkett, has been appointed by its board of directors to the position of Vice President and Chief Financial Officer. Ms. Burkett replaces Stephen Lemieux who has resigned to pursue other opportunities. Ms. Burkett joined Nuvo in 2012 and most recently was its Corporate Controller.

Cipher Pharmaceuticals Inc. [MISSISSAUGA, ON] (NASDAQ: CPHR) (TSX: CPH) announced that Stephen L. Lemieux has been appointed Chief Financial Officer and Secretary of the Company. Mr. Lemieux replaces Norman Evans, who will continue with Cipher in a consulting capacity to ensure a smooth transition of responsibilities. Mr. Lemieux most recently served as Vice President and Chief Financial Officer of Nuvo Pharmaceuticals. He was appointed Chief Financial Officer of Nuvo in January 2012. Prior to joining Nuvo in 2007, Mr. Lemieux was the Corporate Controller at Martinrea International Inc. Prior to joining Martinrea, Mr. Lemieux was the Assistant Controller at Magna Powertrain (formerly Tesma International Inc.) and had previously held the position of Manager, Global Financial Reporting. Prior to joining Tesma, Mr. Lemieux worked for Ernst & Young performing audit.

Target Capital Inc. [CALGARY] (TSX-V: TCI) (CSE: TCI) announced that Royce Lee has been appointed the new Chief Financial Officer for the Company. Mr. Lee replaces Kristoffer Moen, whose employment with the Company ceased. Mr. Lee is an accountant and has been with the Company since 2012.

Sama Resources Inc. [MONTREAL] (TSX-V: SME) announced that the Company has appointed Isabelle Gauthier as Chief Financial Officer. She replaces Bryan McKenzie, who has resigned his position of CFO. Mrs. Gauthier held the position of Senior Director within the firm Raymond Chabot Grant Thornton for which she worked as an Auditor from 1996 to 2006.

Primero Mining Corp. [TORONTO] (TSX: P) (NYSE: PPP) announced the appointment of Kevin Jennings as Chief Financial Officer. Mr. Jennings led the African Barrick Gold as C.F.O. and has held senior financial executive roles with Barrick Gold, (Vice President, Corporate Development), Xstrata Nickel, (Director, Business Optimization), Falconbridge (Director, Business Development), American Racing Equipment (C.F.O.), Sun Gold (C.F.O.) and most recently Banro Corporation (C.F.O.).

ZipLocal Inc. [TORONTO, ON] (NEX: ZIP.H) announced that the Board of Directors has approved the appointment of Laurence Ezer as Chief Financial Officer (CFO). Mr. Ezer assumes this role from Raj Ravindran acting as the previous Interim CFO. Mr. Ezer is also a Director of ZipLocal Inc.

Northern Vertex Mining Corp. [VANCOUVER] (TSX-V: NEE) announced the appointment of Christopher Park as its new Chief Financial Officer. He replaces Ed Duda, who is retiring.

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