| | | March 19, 2015
MBMI Announces Director Appointment
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| | Richmond Hill, Ontario, March 19, 2015 -- MBMI RESOURCES INC. ("MBMI") (TSX-V/NEX: MBR.H) is pleased to announce that it has appointed, subject to regulatory approval, Mr. Kelly Kim Weng Tong to its board of directors.
Mr. Kelly Kim Weng Tong was born in Malaysia. He holds degrees in Political Science BA (Hons) and Public Policy (Master of Public Policy) from Victoria University, New Zealand. He was a former senior officer in the New Zealand Trade Department and travelled overseas extensively representing the New Zealand Government in Trade Talks.
After leaving the public service, and over the years, Mr. Tong served in various capacities as an Adviser for high net worth individuals and also worked in the private sector, principally involved in advisory and business development in a variety of services and products. He held senior general management roles in New Zealand, Australian and US companies and has developed useful and close business contacts in the APAC region.
Mr. Tong has working experience in the public and private sectors. He has also been involved in business takeovers, advisory for start ups, fund raising, mergers and acquisitions. He was a key member of a consulting team that worked with Mainland Chinese companies, helping them go public in Singapore, Korea, and Frankfurt.
Mr. Tong was also involved in advising and sourcing mineral resources for his clients -- in particular coal and iron ore supplies.
Being an ex New Zealand trade official, Mr. Tong understands market dynamics, identifying areas of weakness, and formulating and implementing appropriate solutions.
Mr. Tong was a former director of a Hong Kong listed company, Harmony Asset Limited, having served on its board for 17 years. He was also a member of the Audit Committee of that company.
Mr. Joseph Chan, interim CEO of MBMI, stated: "I look forward to drawing upon Mr. Tong's wealth of public company experience as MBMI plans and executes its strategy in the coming years."
Contacts:
For further information relating to MBMI or this release, please refer to MBMI's website at www.mbmiresources.com or contact Joseph Chan, President and CEO by telephone at 416-299-9203 or by email at mbmi@mail.com.
Cautionary Statement:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of MBMI Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from MBMI's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by MBMI with the TSX Venture Exchange and securities regulators. MBMI Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. |
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