China Select Capital Partners Corp.
TSX VENTURE : CH

China Select Capital Partners Corp.

August 22, 2011 16:15 ET

China Select Announces Senior Management Changes and Other Matters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 22, 2011) - China Select Capital Partners Corp. (TSX VENTURE:CH) has appointed Min Kuang as its chief executive officer and Zou Zhendong as its senior vice-president and member of the board of directors, effective August 18, 2011.

Ms. Kuang currently also serves as the president and director for China Select. She has over 15 years of experience managing public companies, mergers and acquisitions, business development and investments. Mr. Zou is a senior partner at Sinowing Law LLP in Beijing, China and has significant experience managing cross-border corporate securities transactions.

The China Select executive team is now led by Joseph Fodor, chairman of the board of directors, Min Kuang, chief executive officer and president, David Yoo, chief financial officer, Zou Zhendong, senior vice-president and Larry Yen, corporate secretary.

Further, the board of directors is now composed of Joseph Fodor, Jas Hayre, chairman of the audit committee, Min Kuang, Zou Zhendong and David Feldman.

China Select also announced the appointment of a senior mining expert to its Advisory Board, Gary Thompson, in addition to its current advisors Li Junfeng and Chen Yihong. Mr. Thompson is the chief executive officer and co-founder of Brixton Metals Corp. and has had over 25 years experience in resource exploration and project management.

In addition, the company announced the granting of 1,630,000 options to purchase common shares to its staff, directors and advisors under the Incentive Stock Option Plan. The options are exercisable at an exercise price of $0.20 for a period of five years and they are subject to a two year vesting provision.

Lastly, the company announced that the British Columbia Registrar of Companies has granted the company an extension for the time within which the company is required to hold its annual general meeting. The company anticipates that it will hold its annual general meeting on Tuesday, November 1, 2011 at 11:00AM PST in Vancouver, British Columbia.

On behalf of the board of CHINA SELECT CAPITAL PARTNERS CORP.

Min Kuang, President and CEO

About China Select Capital Partners Corp.

China Select Capital Partners is a global investment management, financial advisory and private equity firm focused on investing growth capital into private and public companies across the Pan-Pacific region in sectors including cleantech and renewable energy, natural resources, chemicals, agriculture and consumer services. China Select's management team is composed of investment professionals combining an Asian background with Western education and extensive experience in investment banking, venture capital and fund management in Canada, China and the U.S.

Caution Regarding Forward-Looking Statements – This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.

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.

Contact Information

  • China Select Capital Partners Corp.
    David Yoo
    Chief Financial Officer and Managing Director
    (604) 689-0618 or 1-866-689-0618
    (604) 689-0628 (FAX)
    www.chinaselectcapital.com