Kurt Heikkila will hold these positions on an interim basis while the executive board conducts a search for a successor to Stephen Leahy, who recently stepped down as CEO. North American Tungsten Corporation, or NTC, also appointed Dennis Lindahl as interim chief financial officer, succeeding Harold Schwenk who will undertake other duties with the company.

“Steve Leahy, the founder of NTC, has made important contributions throughout his period of leadership,” the company said in a press release. "He arranged the acquisition of the MacTung deposit and the CanTung mine, and contributed to the tungsten industry as a whole through his efforts to the International Tungsten Industry Association, or ITIA."

Heikkila has served as a director on NTC's board since 2009 and has held management positions in large companies, including DuPont de Nemours & Company and Andersen Corporation. He has founded several companies, including Wild River Consulting and Tundra Companies where he currently serves as president and CEO.

"We would like to thank Steve for his years of service to NTC and the industry, and wish him well in future endeavours," Heikkila said. "I have full confidence in our strong CanTung operating group who drives the important priorities of the company. The board remains committed to making CanTung a long term operating mine and developing MacTung."

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