Dragon Capital (Arehada) appoints new CFO

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

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.