news21 Jan 2011 14:28
Kryso Resources
Directorate Change
Directorate Change
Kryso Resources
Kryso Resources plc
(“Kryso” or the “Company”)
Appointment of Director
Kryso Resources plc (AIM: KYS) confirms that Leonard Lee (also known as LI LI), aged 45, has been appointed a director of the Company with immediate effect.
Leonard is fluent in Mandarin and English, has an MBA from the University of Rochester in New York and is also a director of Top Consultant (Hong Kong) Company Limited.
In the past 5 years he has also not been director or partner of any other company or partnership.
Leonard Lee does not hold any shares in Kryso but is appointed a director of the Company as a representative on behalf of Golden Max Group Limited. Golden Max Group Limited holds 33,823,113 ordinary shares in the Company, representing 13.44 % of the total issued shares in the Company. Golden Max Group Limited are completely independent of and have no relationship with China Nonferrous Metals Int’l Mining Co., Ltd.
Commenting on this appointment Craig Brown, Managing Director of Kryso Resources commented: “We believe Leonard’s experience in corporate finance, from both the West and in China, should prove invaluable as we continue to advance our relationship with China Nonferrous Metals Int’l Mining Co., Ltd and progress the Pakrut Gold Deposit into production.”
There is no further information required by AIM Rule 17 of the AIM Rules for Companies, in relation to this appointment.
-Ends-