Majestic Gold Strengthens Leadership Team
Majestic Gold Corp has appointed Gengshu Miao to the Company’s Board of Directors.
Mr. Miao is a senior economist who spent his entire career in the mining and investment sectors in China. He has held a number of senior positions in the Chinese mining industry, including President of China National Metals and Minerals Import and Export Corporation (now China Minmetals Corp.) from September 1997 through December 2004. China Minmetals is an international metals and mining company with a business scope covering 26 nations and regions worldwide. It employs 17,700 employees and controls 9 listed companies with total assets of RMB 242.1 Billion (C$38 Billion). It ranks 169th among the Fortune Global 500 and 4th among metal companies (see www.minmetals.com). From May 1990 to September 1997 Mr. Miao served as Vice-Director of the Shanghai Foreign Economic and Trade Commission. Prior to that, he held several senior management positions at Shanghai Metals and Minerals Import and Export Corporation (1966 to 1990).
“We are extremely honoured to have Mr. Miao join Majestic” said Rod Husband, President. “His participation in the Company is a confirmation of the Company’s recognition in China. Mr. Miao will be actively assisting management in the pursuit of Company initiatives in China and Hong Kong, including dealings with the Chinese Government on permitting issues, merger and acquisition opportunities, potential financing for such opportunities within Asia and sponsorship for a potential application for listing on the Hong Kong Stock Exchange.”
The Company’s Board of Directors will now consist of Mr. Miao, Rod Husband, P. Geo, President and Chief Executive Officer, Mike Hibbitts, P. Geo, Rudy Brauer, Gurm Sangha and Shaohui Chen. Mr. Miao’s appointment remains subject to acceptance by the TSX VentureExchange.
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Source: Majestic Gold Corp
