Business
Mongolia Growth Group Ltd. Announces the Resignation of Paulo Bilezikjian from the Board of Directors
Mongolia Growth Group Ltd. Announces the Resignation of Paulo Bilezikjian from the Board of Di...
About this update from Mongolia Growth Group Ltd.
[{"type":"text","content":"\nMongolia Growth Group Ltd. Announces the Resignation of Paulo Bilezikjian from the Board of Directors\n\nMongolia Growth Group Ltd. Announces the Resignation of Paulo Bilezikjian from the Board of Directors \nThunder Bay, Ontario, March 04, 2013 /FSC/ - Mongolia Growth Group Ltd. (YAK - TSX Venture)(\"MGG\" or \"The Company\") announces the resignation of Paulo Bilezikjian from the board of directors due to the overwhelming time commitments of his other investments and obligations.\n\"I would like to thank Paulo for all of his help during our company's first two years,\" said Harris Kupperman, Chairman and CEO of MGG. \"We have come a very long way since we first formed this company and appreciate Paulo's dedication and insight during this time.\"\n\"I must say that MGG is one of the most ambitious, unusual and hard to execute projects I have seen. What has been accomplished so far is nothing short of spectacular given all the difficulties in operating in a frontier market and a litany of other reasons,\" said Paulo Bilezikjian, \"I am quite proud of having been involved with this company.\"\nFor further information on the Corporation, please visit www.mongoliagrowthgroup.com   \nor contact: \nJordan Calonego\[email protected]  \nForward-looking Information and Statements\nInformation and statements contained in this news release that are not historical facts are \"forward-looking information\" within the meaning of applicable Canadian securities legislation and involve risks and uncertainties.  Forward-looking information and statements contained in this news release include information with respect to our intention to move forward into the construction of international standard properties in Mongolia.\nForward-looking information is necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  MGG cautions the reader that such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking information.  Such risks and uncertainties include, but are not limited to: risks as...