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XEAL Tech Mining Welcomes Shen as Non-Executive Advisor - XEAL Tech Mining President and Chairman of the Board Mr. Timxi Chang said,
XEAL Tech Mining Welcomes Shen as Non-Executive Advisor

 

PRZOOM - /newswire/ - Heping, Heping, China, 2011/09/05 - XEAL Tech Mining President and Chairman of the Board Mr. Timxi Chang said, "Knowing Lee Shen , he will be a hands-on Non-Executive Advisor - XealTech.com.

   
 
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XEAL Tech Mining is pleased to announce the appointment of Mr. Lee Shen to the Company as a Non-Executive Advisor. It is anticipated that Mr Shen's extensive experience in both mining and finance will greatly contribute to the company's immediate activities and its long-term development.

XEAL Tech Mining President and Chairman of the Board Mr. Timxi Chang said,"Knowing Lee, he will be a hands-on Non-Executive Advisor. His commercial and corporate rigour and international connections will cement the Company's strong start and will assist XEAL Tech Mining to reach its corporate aspirations."

Mr. Shen said,"It is an honour to join XEAL Tech Mining with such excellent prospects. I am delighted to get to work closely with Timxi and Yi, as well as the other members of the Board, in this time of significant advancement."

Subject to shareholder approval, Mr. Lee Shen will be issued 20,000 options with an exercise price equal to a 20% premium to the 30 day volume-weighted average price pending official listing. The Options must be exercised before 31 August 2015 and are subject to performance milestones.

About XEAL Tech Mining

XEAL Tech Mining (xealtech.com) is involved in the location and development of rare earth and gold properties. Founded in 2007 XEAL Tech Mining searches for and acquires interests in related global rare earth and gold-focused projects through means as joint ventures, direct investment, explorations and stock-option agreements.

 
 
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Agency / Source: Xeal Tech Mining

 
 

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XEAL Tech Mining Welcomes Shen as Non-Executive Advisor

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Contact: Xu Wang - XealTech.com 
+86 2258858965 xu.wang[.]xealtech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Xeal Tech Mining securities in any jurisdiction including any other companies listed or named in this release.

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