| ||May 30, 2011|
China Minerals Appoints New Senior Executives and Directors
| ||China Minerals Mining Corporation ("China Minerals" or the "Company") (TSX-V: CMV, US, HWTHF) is pleased to announce the appointment of Mr. Ling Zhu as CEO and Director, Mr. David Bo as Chairman and Director and Mr. Liang Shi as Director. |
Mr. Zhu, a senior executive with the Skyocean Group for the last 4 years, has been in charge of the oversight of the Skyocean Investment Division. Mr. Zhu brings strong leadership and entrepreneurial skills to his new position as CMMC's Chief Executive Officer.
Mr. David Bo has a wealth of experience gained during his career in the resource industry. He worked at China National Petroleum Corporation from mid 1980's to mid 1990's and then joined the Ivanhoe Group and most recently as the CEO of Arcland Resources Inc since 2009. He has an extensive background in investment banking, finance, corporate development, joint ventures and project management that he brings as CMMC's new Chairman.
Mr Liang Shi, Director of Skyocean Holdings, has been appointed to the Board of Directors replacing Mr. Cory Kent. Mr. Shi has extensive experience in executive management of public companies.
Effective May 30th the Company has received and accepted the resignation of Dr. Shijia Tang as CEO and Director, Mr. Jian Zhang as Chairman and Director and Mr. Cory Kent as Director.
"We would like to take the opportunity to thank Dr. Tang, Mr. Zhang and Mr. Kent for their services during this time of transition and wish them well in their future undertakings" commented Richard Barclay, Executive Vice President.
Richard Barclay further states, "We are very pleased with the Skyocean Group's commitment to our Company's future as evidenced by key members of their executive team joining our Board and Executive management. Their collective experience and depth of industry knowledge will serve us well in building a world class mining organization."
About China Minerals Mining Corporation
China Minerals Mining Corporation is a China based exploration and development company with offices located in both Beijing and Vancouver. China Minerals Mining Corporation's ambition is to build an international mining company through project acquisitions and the further development of the Table Mountain Gold Mine Project along with continued resource development at the nearby Taurus deposit in British Columbia.
For more information on China Minerals, contact Robert Ferguson or Jaclyn Ruptash toll free at 1-888-629-1505 or the Company at (604) 629-1505, or you can visit the website at www.chinamineralsmining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Executive Vice President
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