Clean TeQ Holdings Limited Announces Executive Appointments
March 27, 2017 at 05:59 pm EDT
Clean TeQ Holdings Limited announced the issue of shares to Pengxin International Mining Co. Ltd. to facilitate the development of the company's Syerston Nickel Cobalt Scandium Project in New South Wales, Australia. Mr. Jiang Zhaobai, Chairman of Pengxin Group, will join the Clean TeQ board as Non- Executive Co-Chairman, alongside existing Co-Chairman Robert Friedland. Pengxin Mining will also have the right to appoint a second nominee to join the Clean TeQ board as a Non-Executive Director. Sam Riggall, Clean TeQ's Executive Co-Chairman and CEO, will assume the role of Managing Director.