Migao Corporation

Migao Corporation

March 12, 2012 16:00 ET

Migao Announces Changes To Board of Directors

TORONTO, ONTARIO--(Marketwire - March 12, 2012) - Migao Corporation (TSX:MGO), today announced the appointment of Ms. Karina Kuzmak-Bourdet to the Board of Directors. The appointment is effective immediately.

Since 2000, Ms. Kuzmak-Bourdet has worked for France's Roullier Group, a private company focused on fertilizer, professional hygiene, and animal nutrition. In 2004, she joined Rouillier Group's Compagnie Financière et de Participations Roullier, and is currently President of VITAS, a Roullier Group company, which is similarly focused on the development and commercialization of fertilizer, professional hygiene, and animal nutrition. Ms. Kuzmak-Bourdet is on the Board of Directors of SQM VITAS, a joint venture company formed between Sociedad Quimica y Minera de Chile S.A. (SQM) and VITAS. She also sits on the Boards of several Spanish companies. Ms. Kuzmak-Bourdet is based in France and is fluent in English, French, Spanish, and Portuguese. Compagnie Financière et de Participations Roullier owns 10.3% of Migao's common shares.

The Company also announces the resignation of Mr. Michael Manley from the Board of Directors, effective today.

"On behalf of the Board of Directors, and personally, I would like to express my appreciation to Michael for the years of service and dedication he provided to Migao and our shareholders," said Mr. Liu Guocai, CEO of Migao.

About Migao

Migao Corporation, through its wholly owned subsidiaries, owns and operates fertilizer production plants in various strategic locations across China for the production and sale of specialty potash fertilizer (potassium nitrate and potassium sulphate) to China's agricultural market. Migao Corporation is subject to, and complies with strict government regulations that govern safety, quality and environmental protection. Migao's Sichuan facility is ISO 14001 certified, an international environmental management standard. Please visit www.migaocorp.com for further information.

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