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SOURCE China Gold International Resources Corp. Ltd.
VANCOUVER, March 21, 2013 /PRNewswire/ - China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the "Company") is pleased to announce the appointment of Mr. Zhanming Wu as Senior Executive Vice President.
Mr. Zhanming Wu joined the Company on May 12, 2008 as a director and became its Vice President, Business Development on March 11, 2010. Mr. Wu has demonstrated outstanding expertise and professional dedication in this position. The board of directors of the Company has recognized Mr. Wu's contribution by appointing him as Senior Executive Vice President. Upon his appointment, Mr. Wu will have effectively resigned from the position of Vice President, Business Development.
Mr. Wu will report directly to Dr. Xin Song, the Chief Executive Officer of the Company. Mr. Wu's duties will include oversight of the daily operations, business development, capital management, compliance oversight of the Company's Hong Kong listing, in addition to that, Mr. Wu will head the Beijing Operation Management Centre.
The Company is also pleased to announce the appointment of Mr. Lisheng Zhang as Vice President effective March 1, 2013. Mr. Zhang joined the Company on September 12, 2008 as a chairman of Inner Mongolia Pacific Mining Co. Ltd., a subsidiary of the Company, which owns and operates a gold mine (the "CSH Gold Mine") located in Wulate Zhong Qi in Inner Mongolia Autonomous Region of the People's Republic of China ("Inner Mongolia"). The Company's board of directors finds Mr. Zhang's service to the Company to be exemplary. Mr. Zhang's knowledge of local culture of Inner Mongolia and his experience contributed to the rapid and sustainable development of CSH Gold Mine. Mr. Zhang will oversee the overall management of the CSH Gold Mine.
Dr. Xin Song, the Chief Executive Officer of the Company, commented, "I would like to assure you that our team of dedicated, competent and inspired executives and employees will continue to build upon our successes during 2012 and ensure 2013 is another year of achievements".
About China Gold International Resources
China Gold International Resources Corp. Ltd. is based in Vancouver, BC, Canada and operates both profitable and growing mines, the CSH Gold Mine in Inner Mongolia, and the Jiama Copper-Polymetallic Mine in Tibet Autonomous Region of the People's Republic of China. The Company's objective is to continue to build shareholder value by growing production at its current mining operations, expanding its resource base, and aggressively acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099).
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although China Gold International Resources believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China Gold International Resources cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what China Gold International Resources currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.
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