China Select Announces Senior Management Changes and Other Matters
August 22 2011 - 3:15PM
Marketwired
China Select Capital Partners Corp. (TSX VENTURE: CH) has appointed
Min Kuang as its chief executive officer and Zou Zhendong as its
senior vice-president and member of the board of directors,
effective August 18, 2011.
Ms. Kuang currently also serves as the president and director
for China Select. She has over 15 years of experience managing
public companies, mergers and acquisitions, business development
and investments. Mr. Zou is a senior partner at Sinowing Law LLP in
Beijing, China and has significant experience managing cross-border
corporate securities transactions.
The China Select executive team is now led by Joseph Fodor,
chairman of the board of directors, Min Kuang, chief executive
officer and president, David Yoo, chief financial officer, Zou
Zhendong, senior vice-president and Larry Yen, corporate
secretary.
Further, the board of directors is now composed of Joseph Fodor,
Jas Hayre, chairman of the audit committee, Min Kuang, Zou Zhendong
and David Feldman.
China Select also announced the appointment of a senior mining
expert to its Advisory Board, Gary Thompson, in addition to its
current advisors Li Junfeng and Chen Yihong. Mr. Thompson is the
chief executive officer and co-founder of Brixton Metals Corp. and
has had over 25 years experience in resource exploration and
project management.
In addition, the company announced the granting of 1,630,000
options to purchase common shares to its staff, directors and
advisors under the Incentive Stock Option Plan. The options are
exercisable at an exercise price of $0.20 for a period of five
years and they are subject to a two year vesting provision.
Lastly, the company announced that the British Columbia
Registrar of Companies has granted the company an extension for the
time within which the company is required to hold its annual
general meeting. The company anticipates that it will hold its
annual general meeting on Tuesday, November 1, 2011 at 11:00AM PST
in Vancouver, British Columbia.
On behalf of the board of CHINA SELECT CAPITAL PARTNERS
CORP.
Min Kuang, President and CEO
About China Select Capital Partners Corp.
China Select Capital Partners is a global investment management,
financial advisory and private equity firm focused on investing
growth capital into private and public companies across the
Pan-Pacific region in sectors including cleantech and renewable
energy, natural resources, chemicals, agriculture and consumer
services. China Select's management team is composed of investment
professionals combining an Asian background with Western education
and extensive experience in investment banking, venture capital and
fund management in Canada, China and the U.S.
Caution Regarding Forward-Looking Statements - This news release
contains certain forward-looking statements, including statements
regarding the business and anticipated financial performance of the
Company. These statements are subject to a number of risks and
uncertainties. Actual results may differ materially from results
contemplated by the forward-looking statements. When relying on
forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and should not place undue reliance on such
forward-looking statements. The Company does not undertake to
update any forward looking statements, oral or written, made by
itself or on its behalf.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: China Select Capital Partners Corp. David Yoo Chief
Financial Officer and Managing Director (604) 689-0618 or
1-866-689-0618 (604) 689-0628 (FAX) www.chinaselectcapital.com
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