China Gold International Resources Corp. Ltd. __________________________________________________________________
China Gold International
Resources Corp. Ltd.
__________________________________________________________________
Tel: 604-609-0598 Fax: 604 -688-0598 E -mail: [email protected], www.chinagoldintl.com
Suite 660, One Bentall Centre
505 Burrard Street, Box 27
Vancouver, BC
Canada V7X 1M4
CHANGE OF CHIEF FINANCIAL OFFICER
VANCOUVER, October 15 , 2020 - China Gold International Resources Corp. Ltd. (TSX: CGG;
HKEx: 2099) (the “ Company” or “ China Gold International Resources ”) announces that Mr.
Derrick Zhang has, for personal reasons, tendered his resignation as Chief Financial Officer
(“CFO”) of the Company with effect from 16 October 2020, Vancouver time.
The Company would like to express its gratitude to Mr. Zhang for his valuable contribution to
the Company during his tenure of service, and extend its best wishes to Mr. Zhang for his future
endeavor. Mr. Zhang has confirmed that he has no disagreement with the Company and no
other matter related to his resignation needs to be brought to the attention of the shareholders
of the Company.
The Company announces that Ms. Yuehe Lu has been appointed as interim CFO of the Company
with effect from 16 October 2020, Vancouver time. Ms. Yuehe Lu, aged 35, joined the
Company in August 2011 and is responsible for corporate financial management. Ms. Lu has
participated in major financing activities of the Company , including the issuance of U.S.
dollar-denominated bonds. Ms. Lu has extensive experience in financial reporting, internal
control and corporate financing. Prior to joining the Company, Ms. Lu worked as an auditor at
Ernst & Young Hua Ming LLP (Ernst & Young) from August 2007 to August 2011.
Ms. Lu holds a Senior Accountant qualification in China, and is a Certified Internal Auditor (CIA)
and a member of China Institute of Internal Audit (CIIA). Ms. Lu holds a Master's Degree in
Business Administration (MBA) from School of Economics and Management, Tsinghua
University, and a Bachelor's Degree in Management (International Accounting) from School of
Economics and Management, Beijing Forestry University.
The Company would like to express its warm welcome to Ms. Lu for her appointment as the
interim CFO of the Company.
About China Gold International Resources
China Gold International Resources Corp. Ltd. is registered in Vancouver, BC, Canada a nd
operates both profitable and growing mines, the CSH Gold Mine in Inner Mongolia, and the
Jiama Copper-Polymetallic Mine in Tibet Autonomous Region of the People’s Republic of China.
The Company’s objective is to continue to build shareholder value by gr owing production at its
current mining operations, expanding its resource base, and aggressively acquiring and
developing new projects internationally. The Company is listed on the Toronto Stock Exchange
(TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKEx: 2099).
China Gold International
Resources Corp. Ltd.
__________________________________________________________________
Tel: 604-609-0598 Fax: 604 -688-0598 E -mail: [email protected], www.chinagoldintl.com
Suite 660, One Bentall Centre
505 Burrard Street
Vancouver, BC
Canada V7X 1M4
-2-
For further information on the Company, please refer to its SEDAR profile at www.sedar.com
or: Telephone: 604 -609-0598, Email: [email protected], Website:
www.chinagoldintl.com.
Cautionary Note About Forward-Looking Statements
Certain information regarding China Gold International Resources contained herein may constitute forward -looking
statements within the meaning of applicable securities laws. Forward -looking statements may include estimates,
plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact.
Although China Gold International Reso urces believes that the expectations reflected in such forward -looking
statements are reasonable, it can give no assurance that such expectations will prove to have been correct. China
Gold International Resources cautions that actual performance will be a ffected by a number of factors, most of
which are beyond its control, and that future events and results may vary substantially from what China Gold
International Resources currently foresees. Factors that could cause actual results to differ materially fr om those in
forward-looking statements include market prices, exploitation and exploration results, continued availability of
capital and financing and general economic, market or business conditions. The forward -looking statements are
expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of
the current date and subject to change after that date.