Directorate Change
GMR Global Mineral Resources Corp. - Director Appointments
GMR Global Mineral Resources Corp. - GMR
"GMR" or "the Company"
New Director Appointments for GMR
18th December, 2014
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO - (December 18, 2014) The Board of Directors of GMR Global
Mineral Resources Corp. (GXG Markets: GMR) (the "Company") is pleased to
announce the appointments of Peter Sederowsky, Edward Rochette and Bhagyesh
Dash as Directors with effect from December 10th, 2014.
Mr. Peter U. Sederowsky is active in private equity and venture capital, and
has directorship experience in companies on the London Stock Exchange, the
Nasdaq/OMX Stockholm Stock Exchange, AIM (London), the NGM (Stockholm) and the
Toronto Venture Exchange (TSX-V). He is a director and chairman of the board of
GeoReach Ltd. In addition, he serves as an advisor to Mechel OAO - a Russian
company listed on the NYSE with businesses in mining, steel, ferroalloy and
power - as well as to the well-known apparel manufacturer, Champion. He held
the position of Chairman of the mining company, East Asia Minerals Corporation,
and was a Director of East Asia Minerals Corporation since September 6, 2011
(and was its Lead Independent Director since October 24, 2012). Mr. Sederowsky
holds a master's degree from the University of California at Berkeley.
Mr. Edward C. Rochette is an internationally recognized negotiator and
transaction specialist with over 35 years of experience in international
business, land management and natural resources. He is currently managing a
start-up agricultural fund, with the purpose to fund natural resource related
business developments in Indonesia, Vietnam, Malaysia and the Philippines. The
initial businesses of the fund include a coconut wood flooring business,
coconut oil processing, bio-diesel, aquaculture development, natural
insecticides and confectionary foods, and a consulting and business development
unit.
Additionally, Mr. Rochette has experience setting up initial corporate and
legal structures for new ventures, as well as assisting in the preparation of
taking companies public on international stock exchanges. He also has
experience with negotiating joint venture agreements, the acquisition of
property rights, obtaining operating licenses, and setting up the structure to
manage the licenses, leases and joint venture agreements, as well as legal due
diligence. Currently, he is the CEO and a Director on the Board of Directors of
East Asia Minerals Corporation, a company listed on the TSX, and is also a
board member of several private companies working in Asia. Mr. Rochette is also
a frequent speaker at conferences in Asia on topics including mining,
agriculture development, investing in emerging markets and alternative energy
sources from biofuels.
Mr. Bhagyesh Dash is a co-founding director at Bromius Capital, a
Singapore-based natural-resource-focused advisory and investment firm. Mr. Dash
has over two decades of investment banking and corporate advisory experience in
the mining and broader natural resources sector across Asia. During 12 years
living in Jakarta, he advised the Government of Indonesia on the privatization
of state-owned mining companies, as well as on the divestment by international
companies of stakes in leading Indonesian coal companies Kaltim Prima Coal,
Adaro and Arutmin Coal. Mr. Dash has extensive relationships with mining
companies and resource investors globally, and has been featured numerous times
in the media as a leading commentator on the Asian mining sector.
The Directors of the Company accept responsibility for this announcement.
For further Enquiries:
GMR Global Mineral Resources Corp.
Dr. Klaus Wagner-Bartak, President
416 367-0006 866 209-0451
info@globalmineralresources.com
About GMR Global Mineral Resources Corp.
GMR Global Mineral Resources Corp. (GXG Markets: GMR) is a Canadian-based
resource company that primarily focuses on past-producing gold and silver
mining properties that were not fully exploited due to old technology or weak
precious metal prices. For additional information on the Company and its
properties, please visit www.globalmineralresources.com.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain statements above constitute forward-looking statements with respect to
GMR Global Mineral Resources Corp. and affiliated companies. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or achievements of
the companies to be materially different from any further results, performance
or achievements expressed or implied by such forward-looking statements.