Southern Hemisphere Mining Limited

Southern Hemisphere Mining Limited

September 28, 2010 08:00 ET

Appointment of New Non-Executive Director

Leading Chinese Businessman and Head of Off-Take Partner, Mr Yang Xifu, Joins Southern Hemisphere Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2010) - The Board of Southern Hemisphere Mining Limited (the "Company") (TSX VENTURE:SH)(ASX:SUH) is pleased to announce the appointment of Mr Yang Xifu as a Non Executive Director of the Company.

Mr Yang is a major supporter and shareholder of the Company and currently holds 12.98% of its issued capital. 

He is Managing Director of Langfang Xinda Ferroalloy Co Ltd ("Langfang"), which is located in Hebei Province, China. In August 2009, Langfang executed a Memorandum of Understanding with the Company to purchase part of the ore to be produced from the Company's Los Pumas Manganese Project located in Northern Chile.

Since 1961 Mr Yang has been involved in the ferroalloy industry, which is the main consumer of the world's supply of manganese ore. He has extensive experience with manganese sinter and smelter plants, ferroalloy production and related industries and for several years has been the Vice Chairman of the Chinese Ferroalloy Association.

The appointment strengthens Southern Hemisphere's Board as it progresses a Feasibility Study on the Los Pumas Project which is targeted for completion in the current Quarter, paving the way for project financing and development.

Southern Hemisphere's Managing Director, Mr Trevor Tennant, said he was delighted Mr Yang had accepted the offer to join the Company's Board in a non-executive capacity.

"As a highly respected participant in the Chinese ferroalloy industry, Mr Yang will bring a wealth of knowledge and experience to our Board," Mr Tennant said. "We look forward to working with him as we move forward with financing and development of the Los Pumas Project."   

Neither 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 press release.

Contact Information

  • Southern Hemisphere Mining Limited
    Trevor Tennant
    Managing Director
    +61 8 9481 2122
    Southern Hemisphere Mining Limited
    Clark Kent
    Investor Relations