SouthGobi Energy Resources Appoints Jean Chretien, Former Canadian Prime Minister, as Senior International Adviser
2009年7月8日 - 9:30PM
Marketwired
John Macken, Chairman of SouthGobi Energy Resources (TSX VENTURE:
SGQ), today announced the appointment of the Right Honourable Jean
Chretien, the 20th Prime Minister of Canada, as senior
international adviser to the company.
Mr. Chretien has been active in Canadian and global development
circles as a lawyer with the Canada-based international law firm,
Heenan Blaikie, since retiring as Prime Minister and leader of the
Liberal Party of Canada in 2003. He entered national politics in
1963 and served three terms as Prime Minister of Canada between
1993 and 2003.
During his long parliamentary career, Mr. Chretien held a
succession of senior cabinet posts in the Canadian Government,
including Minister of Finance, Minister of Justice and Attorney
General, Minister of Energy, Mines and Resources and Minister of
Industry, Trade and Commerce.
"Jean Chretien was instrumental in advancing relationships
between many Canadian businesses and rapidly industrializing China
and its neighbour nations through his hands-on, prime ministerial
leadership of a series of successful Team Canada trade development
missions," said Mr. Macken.
"He helped Canadians realize the promise of their destiny as a
Pacific Rim nation founded in part on Canada's history as a central
link in the maritime Silk Road that connected Asia with the
Americas and Europe. SouthGobi Energy has built and is operating a
coal mine in Mongolia and is developing another coal mine in
Indonesia. We believe that Mr. Chretien's experience and knowledge
will be a prime asset in assisting the Ivanhoe companies to
continue to build their businesses through opportunities that will
be encountered in the energy and mineral resource sectors around
the world during what is becoming the Asian Century."
SouthGobi Energy Resources is focused on exploration and
development of its Permian-age metallurgical and thermal coal
deposits in Mongolia's South Gobi Region and its Eocene-age
metallurgical and thermal coal deposits in East Kalimantan,
Indonesia. The company is selling coal to customers in China from
its flagship Ovoot Tolgoi coal mine in southern Mongolia. The
company also plans to supply a wide range of coal products and
electricity to markets in Asia. SouthGobi, a subsidiary of Ivanhoe
Mines, is listed on the TSX-Venture exchange under the symbol
SGQ.
Mr. Chretien will provide advisory services to Ivanhoe Capital
Corporation's affiliates through a contract with Global Mining
Management, a private service company based in Vancouver, Canada.
Global Mining is jointly owned by several companies, including:
SouthGobi Energy Resources Ltd., its parent company Ivanhoe Mines
Ltd. and its sister subsidiary, Ivanhoe Australia Ltd.; as well as
Ivanhoe Energy Inc. and the privately-held Ivanhoe Nickel &
Platinum Ltd.
Forward-Looking Statements: This document includes
forward-looking statements. Forward-looking statements include, but
are not limited to, the company's future ability to supply coal
products and electricity to markets in Asia, and other statements
that are not historical facts. When used in this document, the
words such as "could", "plan", "estimate", "expect", "intend",
"may", "potential", "should", and similar expressions are
forward-looking statements. Although SouthGobi Energy Resources
believes that the expectations reflected in these forward-looking
statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results
will be consistent with these forward-looking statements. Important
factors that could cause actual results to differ from these
forward-looking statements are disclosed under the heading "Risk
Factors" in SouthGobi Energy's Management's Discussion and Analysis
of Financial Condition and Results of Operations for the three
months ended March 31, 2009, which is available at
www.sedar.com.
Contacts: SouthGobi Energy Resources Ltd. - Investors Steven
Feldman 604-681-6799 SouthGobi Energy Resources Ltd. - Media Bob
Williamson 604-331-9880 www.southgobi.com
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