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Arehada Mining Appoints
Interim CEO |
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TORONTO, Mar 19th - Arehada Mining Limited
(TSX:
AHD),
(the "Company") is pleased to announce the
appointment of Tom Zhen Wang as interim
CEO with immediate effect. Tom is actively
involved with the operations of the Company
as well as being a cofounder, director and
second largest shareholder of the Company.
Tom has also been the managing director
and Chief Executive Officer of Arehada Mining
Corporation, the Company's operational subsidiary
in China, since 2005.
The Company wishes to advise that Steve
Fan Wang, the Chief Executive Officer, has
taken a leave of absence for health reasons.
About Arehada Mining
Arehada Mining Limited is engaged in the
exploration, development, extraction and
production 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
recently completed 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
Arehada Mining Limited
Tel: (416) 362-5466
Email: porrah@gmail.com
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Graham Warren
Chief Financial Officer
Arehada Mining Limited
Tel:(416) 362-5466
Email: gwarren@arehadamining.com
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Forward Looking Statements
The above contains forward looking statements
that are subject to a number of known and
unknown risks, uncertainties and other factors
that may cause actual results to differ
materially from those anticipated in our
forward looking statements. Factors that
could cause such differences include: changes
in world commodity markets, equity markets,
costs and supply of materials relevant to
the mining industry, extent of resources
actually contained in mineral deposits,
actual recoveries achieved in processing
ore, technological change, change to regulations
affecting the mining industry, risks associated
with mining operation in China, environmental
and safety regulations risks, and risk associated
with failure to obtain required regulatory
or third party consent. Forward-looking
statements in this release include statements
regarding future programs, review completion
dates and opportunities. Although we believe
the expectations reflected in our forward
looking statements are reasonable, results
may vary, and we cannot guarantee future
results, levels of activity, performance
or achievements.
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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