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Dragon Capital (Arehada) appoints new CFO
Dragon Capital Corporation (TSX: AHD - News), a miner and producer of zinc, lead and silver in China, today announced the appointment of Graham Warren as Chief Financial Officer. Mr. Warren will replace Oliver Xing; the appointment is subject to approval of the Toronto Stock Exchange.
Graham Warren is a Certified Management Accountant and his previous experience includes various assignments as CFO for a number of public and private companies. He is especially familiar with business in China as a director (and former CFO) of Hanfeng Evergreen (TSX) and a founder of Changfeng Energy Limited.
"We believe we are significantly strengthening our management team with the addition of Mr. Warren," said Christopher Harrop, Chairman of Dragon Capital. "On behalf of the Board of Directors, I would also like to extend our gratitude to Mr. Xing for his contribution to Dragon Capital during its formative period as a Canadian public company."
About Dragon Capital (Arehada)
Through its 100% owned subsidiary Arehada Mining Corporation, Dragon Capital is engaged in the exploration, development, extraction and refining of zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China. Arehada produces zinc and lead concentrates, which are then sold to smelters in China.
Arehada is currently constructing its own zinc plant with a designed processing capacity of 100,000 tons per annum. The first phase, with a rated capacity of 50,000 tons per annum, will produce zinc oxide and sulphuric acid.
For further information
Christopher Harrop, Chairman, Dragon Capital Corporation, Tel.: (416) 350-5133, Email: porrah@gmail.com
Martti Kangas, Investor Relations, The Equicom Group, Tel: (416) 815-0700 x 243, Email: mkangas@equicomgroup.com