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| Monday, 14 June 2010, 11:50 HKT/SGT | |
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Source: MEC | |
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HONG KONG, June 14, 2010 - (ACN Newswire) - Mongolia Energy Corporation Limited (HKSE: 276) ("MEC" or the "Group") is pleased to announce that Mr. Dennis Carl Price ("Mr. Price") has joined the Group as Chief Operating Officer - Mongolia, effective May 14, 2010.
In his capacity as Chief Operating Officer, Mr. Price will join hands with MEC's management team to further develop the Group's mining operations in Mongolia. Bringing with him a wealth of experience and professional knowledge, Mr. Price will further strengthen MEC's management team by adding to it ample expertise in the technical and operational aspects of the mining business.
Prior to joining MEC, Mr. Price was the President of Price Management Consulting LLC, and has been providing consulting services for corporations in the mining industry around the world. Mr. Price has over 30 years of experience in the mining industry worldwide, including Mongolia, Kazakhstan, Columbia, Georgia, Germany, Indonesia, Turkey and the United States. Mr. Price was also formerly the General Director of the largest open-pit mine in Kazakhstan, and has extensive operating and
engineering experience in exploration and mining of coal, gold and various other minerals.
Mr. James Schaeffer Jr., Chief Executive Officer of MEC, said, "We are very pleased to have Mr. Price joining our team. We look forward to working closely with him on our current and future projects, with an aim of improving MEC's competitive position in the industry as well as maximizing returns to our shareholders."
Contact:
MEC
Mr. Gordon Poon
Director of Corporate Development and Investor Relations
Tel: (852) 2138-8000
Fax: (852) 2138-8111
Email: ir@mongolia-energy.com
Website: www.mongolia-energy.com
Strategic Financial Relations Limited
Veron Ng
Tel: (852) 2864 4831 / 9731 2721
Email: veron.ng@sprg.com.hk
Cindy Lung
Tel: (852) 2864 4867 / 9282 4640
Email: cindy.lung@sprg.com.hk
Ming Chan
Tel: (852) 2864 4892 / 9380 8766
Email: ming.chan@sprg.com.hk
Katrina Leung
Tel: (852) 2864 4857 / 6771 4711
Email: katrina.leung@sprg.com.hk
Topic: Press release summary
Source: MEC
Sectors: Metals & Mining, Daily Finance, Energy, Alternatives
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