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Dragon Capital (Arehada)
appoints new CFO |
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TORONTO, May 31 - Dragon Capital Corporation
("Dragon Capital" or "the Company"), (TSX:
AHD),
a miner and producer of zinc, lead and silver
in China, today announced the appointment
of Graham Warren as Chief Financial Officer.
Mr. Warren will replace Oliver Xing; the
appointment is subject to approval of the
Toronto Stock Exchange.
Graham Warren is a Certified Management
Accountant and his previous experience includes
various assignments as CFO for a number
of public and private companies. He is especially
familiar with business in China as a director
(and former CFO) of Hanfeng Evergreen (TSX)
and a founder of Changfeng Energy Limited.
"We believe we are significantly strengthening
our management team with the addition of
Mr. Warren," said Christopher Harrop, Chairman
of Dragon Capital. "On behalf of the Board
of Directors, I would also like to extend
our gratitude to Mr. Xing for his contribution
to Dragon Capital during its formative period
as a Canadian public company."
About Dragon Capital (Arehada)
Through its 100% owned subsidiary Arehada
Mining Corporation, Dragon Capital is engaged
in the exploration, development, extraction
and refining of zinc, lead and silver in
Dongwuzhumuqinqi, located in Inner Mongolia,
China. Arehada produces zinc and lead concentrates,
which are then sold to smelters in China.
Arehada is currently constructing its own
zinc plant with a designed processing capacity
of 100,000 tons per annum. The first phase,
with a rated capacity of 50,000 tons per
annum, will produce zinc oxide and sulphuric
acid.
For further information:
Christopher Harrop
Chairman
Dragon Capital Corporation
Tel: (416) 350-5133
Email: porrah@gmail.com
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Martti Kangas
Investor Relations
The Equicom Group
Tel: (416)815-0700 x 243
Email: mkangas@equicomgroup.com |
Neither the TSXV or the TSX has in any
way passed upon the merits of this press
release and has neither approved nor disapproved
the contents of this press release.
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