| Adriana Announces Change of Director and Change of CFO | |
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TORONTO, ONTARIO--(Marketwired - March 31, 2016) - Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI) announces today that Mr. Weike Peng has resigned from its Board of Directors, due to his transfer to a new role. Mr. Peng has been a valuable member of Adriana's Board of Directors as a representative of WISCO International Resource Development & Investment Limited ("WISCO"). The Board of Directors has appointed Mr. Xinting (Tony) Wang, subject to TSX-V approval, as a director to replace Mr. Peng on the Board of Directors. Mr. Wang currently serves as Chief Executive Officer and President of WISCO Canada Resources Investment Limited, based in Toronto. He is a mining engineer by profession with over 20 years of experience with operations and investment in the iron ore mining industry. Mr. Wang has a wealth of experience in overseas mining investment and management, having served as a director of Hong Kong WISCO GUANGXIN KAM WAH Resources Limited, which managed the development of the Soalala project in Madagascar, and serves as a director of Century Global Commodities Corporation, listed on the TSX. Mr. Wang attended the XI'AN University of Technology and Architecture in China, majoring in mining engineering and subsequently the Wuhan University of Technology and Science as the mining engineering graduate student. Mr. Wang also holds a Master Business Administration degree from Ohio University, USA. Don Charter, Chairman of Adriana commented: "We thank Mr. Peng for his valuable contributions to the Company and wish him well in his future endeavours. We welcome Mr. Wang to the Board of Directors. As CEO of WISCO Canada, Tony is very familiar with Adriana and Lac Otelnuk, and we look forward to working with him." The Company also announces the resignation of Mr. Daniel E. Im, who is leaving his role as CFO effective March 31, 2016 to pursue other opportunities. "The Board of Directors would like to thank Daniel for all of his contributions to Adriana during the last five years and wish him success in his future endeavours," said Michael J. Harrison, President and CEO. |
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Adriana Resources Inc.
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EXPLORATEUR |
CODE : ADI.V |
ISIN : CA00735P1062 |
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Adriana Res. est une société développant des projet miniers de fer basée au Canada. Adriana Res. détient divers projets d'exploration au Bresil, au Canada et en Finlande. Ses principaux projets en exploration sont MUSTAVAARA en Finlande, BRAZORE LTDA et MACKENZIE IGNEOUS EVENT au Bresil et UNAD JV au Canada. Adriana Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,6 millions CA$ (1,2 millions US$, 1,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 mai 2006 à 2,03 CA$, et son plus bas niveau récent le 29 avril 2024 à 0,01 CA$. Adriana Res. possède 157 554 238 actions en circulation. |