TORONTO, April 3 /CNW/ - GobiMin Inc. ("GobiMin" or the "Company")
announced today that Mr. James Yuxin Xiang has resigned as Chief Financial
Officer (CFO) of the Company for personal reasons effective May 1, 2009. The
Company would like to thank Mr. Xiang for his services and contributions.
Ms. Joyce Yuen Kwan Ko will act as interim CFO until the position has
been filled. Ms. Ko is presently the Vice President Corporate Affairs and
Secretary of the Company. She holds a Master's degree in Accounting from the
Hong Kong Polytechnic University and a Bachelor's degree in Accounting from
Queensland University of Technology. She is a member of the Hong Kong
Institute of Certified Public Accountants, the CPA Australia and the Hong Kong
Institute of Chartered Secretaries.
GobiMin currently holds approximately CAD$111 million in cash and cash
equivalent (approximately CAD$1.60 per share), of which CAD$14 million are
held to fund existing and future exploration projects in China.
GobiMin holds 40% interest in the Yanxi Copper Deposit in Hami, Xinjiang
of China for which the Company has received a NI 43-101 compliant Mineral
Resource Estimate from Scott Wilson RPA in October 2008. GobiMin has four
other joint ventures on base metal projects in Xinjiang. GobiMin is
aggressively seeking opportunities to acquire high grade mining and
"Neither TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this release."
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For further information:
For further information: Felipe Tan, Chief Executive Officer, GobiMin
Inc., Tel: (852) 3586 6500, email@example.com, www.gobimin.com