Business
SouthGobi Announces Appointment of Non-Executive Director
VANCOUVER, BC / ACCESSWIRE / May 17, 2023 / SouthGobi Resources Ltd. (TSX-V:SGQ, HK:1878) (" Sou...
About this update from Southgobi Resources Ltd.
[{"type":"text","content":"SouthGobi Announces Appointment of Non-Executive DirectorVANCOUVER, BC / ACCESSWIRE / May 17, 2023 / SouthGobi Resources Ltd. (TSX-V:SGQ, HK:1878) (\"SouthGobi\" or the \"Company\") is pleased to announce that Mr. Zaixiang Wen (\"Mr. Wen\") has been appointed as a non-executive Director of the Company, with effect from May 17, 2023.Mr. Wen was nominated by Land Grand International Holding Limited (\"Land Grand\", one of the Company's major shareholders) for appointment as non-executive Director of the Company, pursuant to the contractual director nomination right granted in favor of Land Grand in connection with the Subscription Agreement and the associated assignment letter entered into amongst the Company, Land Grand and Novel Sunrise (please refer to the Company's announcement dated November 29, 2022). The Company has appointed the director nominee to the Board as permitted under the Company's Articles of Continuation and the Business Corporations Act (British Columbia).The biographical details of Mr. Wen is as follow:Mr. Zaixiang Wen, aged 47, has over 20 years' of experience in corporate management and financial management. He possesses a comprehensive understanding of the coal industry and the capital market. He has been the Vice President of Mengfa Energy Holdings Group (\"Mengfa Group\") since January 2018, where he is responsible for overseeing the group's strategic development, capital operations, investment and financing, public affairs relations, and real estate development. Mr. Wen joined the Mengfa Group in 2002 and has held various leadership positions within the subsidiaries of Mengfa Group. Prior to joining Mengfa Group, he worked as an accounting and finance professional in various energy resources companies.Mr. Wen obtained a diploma in accounting from Inner Mongolia Yike Zhao League School of Finance and Economics in 1996. He completed a certificate in financial management at the Central University of Finance and Economics in 2018.As at the date of this announcement, save as disclosed above, Mr. Wen does not (i) hold any directorships in other public companies, the securities of which are listed on any securities market in Hong Kong or overseas, over the last three years preceding the date of this announcement or other major appointments and professional qualifications; (ii) hold any other position with any m...