TORONTO, ONTARIO--(Marketwire - Oct. 1, 2008) - Arehada Mining Limited (TSX: AHD.TO) today announced the appointment of Mr. Zhengquan Philip Chen as the sixth board member as well as the independent lead director. The appointment is subject to approval of the Toronto Stock Exchange.
Mr. Chen has extensive experience in capital markets. He is the founding president of a TSX Venture Exchange listed capital pool company and has been involved in numerous financial advisory assignments in a variety of sectors which include the recent $8.9 million financing for a China based forestry products company. Mr. Chen received his MBA degree from University of Hawaii in the United States. Mr. Steve Fan Wang has resumed his role as the Chief Executive Officer of the Company after his return from a leave of absence. "We now have three new independent directors, with the appointment of Messrs. Peter Hooper and Samuel Baker and the appointment of Mr. Chen," commented Steve Fan Wang. "We are very pleased to have these new directors join us and we believe they will bring their extensive experience and expertise to our company." About Arehada Mining Arehada Mining Limited is engaged in the exploration, development, extraction and production of zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China. Arehada produces zinc and lead concentrates, which are then sold to smelters in China. Arehada has completed construction of a zinc processing plant which has produced zinc calcine and sulphuric acid. ContactsBetty Si-Ge WangArehada Mining Limited
Assistant Secretary
86-10-6265-7817
Email: arehada@yahoo.com.ca
Graham Warren
Arehada Mining Limited
Chief Financial Officer
(416) 362-5466
Email: gwarren@arehadamining.com
787.97 (8.50%)