China Minerals Mining Corporation (CMMC) has increased its Board of Directors from eight to nine with former chairman Jian Zhang to remain as a director. He has also been appointed as special advisor to the chairman.

The company has appointed Ling Zhu as CEO and director, David Bo as chairman and director, and Liang Shi as director.

Ling Zhu, a senior executive with the Skyocean Group for the last four years, has been in charge of the oversight of the Skyocean Investment Division. He brings strong leadership and entrepreneurial skills to his new position as CMMC’s chief executive officer.

David Bo has a wealth of experience gained during his career in the resource industry. He worked at China National Petroleum Corporation from the mid-1980s to the mid-1990s and then joined the Ivanhoe Group and most recently as the CEO of Arcland Resources since 2009. He has an extensive background in investment banking, finance, corporate development, joint ventures and project management that he brings as CMMC’s new chairman.

Liang Shi, director of Skyocean Holdings, has been appointed to the Board of Directors replacing Cory Kent. He has extensive experience in executive management of public companies.

Effective May 30 the company has received and accepted the resignation of Shijia Tang as CEO and director, Jian Zhang as chairman and Cory Kent as Director.

CMMC executive vice president Richard Barclay says “We would like to take the opportunity to thank Dr Tang, Mr Zhang and Mr Kent for their services during this time of transition and wish them well in their future undertakings. We are very pleased with the Skyocean Group's commitment to our company's future as evidenced by key members of their executive team joining our Board and executive management. Their collective experience and depth of industry knowledge will serve us well in building a world class mining organization.”

CMMC is a China-based exploration and development company with offices in Beijing and Vancouver. Its ambition is to build an international mining company through project acquisitions and the further development of the Table Mountain Gold Mine Project along with continued resource development at the nearby Taurus deposit in British Columbia, Canada.

www.chinamineralsmining.com

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