China Nonferrous Gold Appointment of CFO
March 21 2019 - 3:07AM
UK Regulatory
TIDMCNG
China Nonferrous Gold Limited
("CNG" or the "Company")
Appointment of CFO
China Nonferrous Gold Limited ?????????? (AIM: CNG), the mineral
exploration and mining company currently mining the Pakrut gold
project in the Republic of Tajikistan, is pleased to announce the
appointment of Mr. Feng Delin ("Mr Feng") as Finance Director with
immediate effect.
Mr Feng, aged 48, is the Chief Accountant of China Nonferrous
Metals Int'l Mining Co., Ltd. ('CNMIM'), the Company's largest
shareholder, having joined CNMIM in January 2019. He graduated with
a Bachelor's degree majoring in law from Wuhan University in the
PRC in June 2004 and Bachelor of Science in Management Accounting
from Zhongnan University of Economics and Law in the PRC in June
2007. He obtained the Master of Business Administration from
Tianjin Polytechnic University in the PRC in March 2017.
Mr Feng has extensive accounting and management experience. From
December 2008 to January 2010, he worked as head of Fund Division
of Finance Department of Daye Nonferrous Metals Co., Ltd.; from
January 2010 to May 2013, Deputy director of Finance Department of
Daye Nonferrous Metals Group Holdings Co., Ltd.; from May 2013 to
October 2015, Deputy director of Finance Department of Daye
Nonferrous Metals Co., Ltd.; from October 2015 to February 2018,
Director of Finance Department of Daye Nonferrous Metals Group
Holdings Co., Ltd,; and from February 2018 to January 2019,
Director of capital operation department of Daye Nonferrous Metals
Group Holdings Co., Ltd.
Yu Lixian, CEO commented:
"We are delighted to welcome Mr. Feng to the Board. He has
significant experience and expertise in financing as well as in the
mining industry and we look forward to working with him."
For further information please visit the Company's website
(www.cnfgold.com) or contact:
China Nonferrous Gold Limited
Yu Lixian, Managing Director
Tel: +86 10 8442 6681
Investec Bank plc
Jeremy Ellis, Alexander Ruffman
Tel: +44 (0)20 7597 4000
Blytheweigh
Tim Blythe, Camilla Horsfall
Tel: +44 (0)20 7138 3224
The following information is required to be disclosed under
Schedule 2(g) of the AIM Rules for Companies in relation to Mr.
Feng.
Current directorships Former directorships and/or partnerships
and/or partnerships (within the last five years)
Foshan Dajiang Copper Tibet Shannan Yala Xiangbu
Corporation Limited Industrial Co., Ltd
Daye Nonferrous Ruixin Cooper
Corporation Limited
Kunming Daxin Trading Co., Ltd
Daye Nonferrous Guangzhou Asset
Management Co., Ltd
There are no further disclosures to be made under Schedule 2(g)
of the AIM Rules for Companies.
Project Summary
The Pakrut gold project, of which CNG has 100 per cent
ownership, is situated in Tajikistan approximately 120km northeast
of the capital city Dushanbe. Pakrut is located within the Tien
Shan gold belt, which extends from Uzbekistan into Tajikistan,
Kyrgyzstan and Western China, and which hosts a number of
multi-million ounce gold deposits.
CNG is currently in a commissioning phase with mining
contractors on site finalising constructing of the mine, plant,
tailings dam and refinery.
About Tajikistan
Tajikistan is a secular republic located in Central Asia. The
country is a member of the Commonwealth of Independent States and
the Shanghai Cooperation Organisation. Tajikistan hosts numerous
operating precious metal mines as well as the largest aluminium
smelter in Central Asia. CNG's management team has extensive
experience in the mining industry in Tajikistan.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190321005251/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
March 21, 2019 03:07 ET (07:07 GMT)
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