Apolo Gold & Energy Inc Announces Appointment of 2 New Directors and a Private Placement Financing
October 02 2013 - 6:51PM
Marketwired
Apolo Gold & Energy Inc. ("Apolo" or the "Company")
(OTCQB:APLL), a Nevada Corporation, is pleased to announce that it
has appointed two new members to the Board of Directors of the
Company and has also completed a Private Placement Financing.
The new directors appointed are Mr. Kelvin Chak and Mr. Huang,
Chin Lung, both of Hong Kong. Mr. Chak is a Solutions Engineer in
Hong Kong with a 10 year career as an IT Engineer. He has a Master
of Business Administration from the University of Surrey, United
Kingdom, a Master of Information Technology from the University of
Nottingham, United Kingdom and a BA Degree in Chinese Language from
Hong Kong Baptist University.
Mr. Huang, Chin Lung is currently Deputy General Manager,
Guolong Investment Management (Jiangsu) Co, in Hong Kong (since
2011) and prior to that was Executive Director, Shenyang Jiajiabao
Bio-tech Co, Ltd from 2007 to 2011.
The Company also completed a private placement of 1,875,000
shares of its common stock to Kelvin Chak, at $0.08 per share for
total consideration of $150,000. The Company has used the proceeds
to retire current obligations, including a related party debt of
$90,000.
Mr. Chak has also entered into a Stock Purchase Agreement to
acquire 2,573,053 shares from current directors Dinning and Yu and
former director Bojtos at $0.08 per share. The agreement calls for
payment of 50% of the shares now and 50% in six months.
ON BEHALF OF THE BOARD
Robert Dinning, President & CEO
Contacts: Apolo Gold & Energy Inc. 604-970-0901
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