TORONTO, April 5 /CNW Telbec/ - Golden China Resources Corporation (GCX:
TSX; ASX) announces the appointment of Frank Chen as the company's Chief
Financial Officer (CFO), effective immediately. Mr. Chen also assumes the
responsibilities of Corporate Secretary.
Mr. Chen's appointments follow the completion of the interim terms of
David K. Charnock as acting CFO and Gary Quedado as Corporate Secretary. The
changes reflect the development of the company's management following its
recent merger with Michelago Limited.
Mr. Chen takes on the role of CFO after two years as Golden China's
Corporate Controller, where he lead the establishment and implementation of
the company's internal control systems, managed the organization's financial
reporting initiatives, and spearheaded the integration of accounting systems
and practices with respect to Golden China's various acquisitions.
Mr. Chen joined Golden China in 2005 from his position as CFO of Afcan
Mining Corporation, a public company listed on the Toronto Stock Exchange. He
has also held various senior financial managerial roles with such companies as
USG Building Materials Ltd., AlliedSignal Automotive Friction Materials Ltd.
and C.P. Healthcare Group in China. In addition to his Certified Management
Accountant designation, Mr. Chen holds a Master of Business Administration
from the University of Western Ontario and a Bachelor of Commerce in
Accounting from Northeastern University in China.
"On behalf of the Board of Directors, I would like to congratulate Frank
on his well deserved appointment as CFO. With his technical skill and intimate
knowledge of our business model, he is the ideal candidate to implement and
guide our financial strategies as we embark on our next stage of growth," said
Greg Starr, President and Chief Executive Officer of Golden China. "As well,
I'd like to take this opportunity to thank David and Gary for their respective
stewardships as interim CFO and Corporate Secretary."
About Golden China Resources Corporation:
Golden China Resources Corporation is a significant participant and
consolidator in the Chinese precious metal industry and one of the largest
producers of gold in China. The company is using its extensive knowledge of
the Chinese marketplace and best practices based on established international
standards in building a diversified gold business focused on exploration and
development, operations, and corporate development in the Chinese precious
metal industry. Golden China's shares are listed on the main boards of both
the Toronto and Australian Stock Exchanges under the symbol GCX.
Forward-Looking Statements: Statements in this release that are
forward-looking statements are subject to various risks and uncertainties
concerning the specific factors disclosed under the heading "Risk Factors" and
elsewhere in the Company's periodic filings with Canadian securities
regulatory authorities. Such information contained herein represents
management's best judgment as of the date hereof based on information
currently available. The Company does not assume the obligation to update any
THE TSX HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THE RELEASE.
For further information:
For further information: Golden China Resources Corp.: Kristen (Boucher)
Humphrey, Communications Manager, (416) 366-8818 ext. 230,
firstname.lastname@example.org; www.goldenchina.ca; Renmark Financial Communications
Inc.: Barbara Komorowski: email@example.com; Neil Murray-Lyon :
firstname.lastname@example.org; (514) 939-3989, Fax: (514) 939-3717,