East Asia Minerals Further Strengthens its Board of Directors With the Appointment of Jay Chmelauskas as Director and the Appointment of Peter Sederowsky as Lead Independent Director
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 29, 2012) - East Asia Minerals Corporation (TSX VENTURE:EAS) ("EAS" or the "Company") announces the appointment of Jay Chmelauskas as Director. In addition, East Asia Minerals wishes to announce the appointment of Peter Sederowsky as Lead Independent Director.
Mr. Chmelauskas was appointed as the newest addition to East Asia's Board of Directors by unanimous vote. Mr. Chmelauskas is currently the President and CEO of Western Lithium USA Corporation. He was formerly the President and CEO of China Gold International Resources Corp. Ltd. (formerly Jinshan Gold Mines). At China Gold, he led the company through a China-wide exploration program with the discovery of two gold deposits measuring over six million ounces of gold resources. He advanced the largest deposit (five million ounces) through funding, permitting, construction and commissioning to become one of China's largest open pit gold mines. The company was sold to China National Gold Corporation valuing the company in excess of US$450 million. Prior to China Gold, Mr. Chmelauskas held consulting engineering positions with Vancouver-based engineering consultant groups and also worked at one of Placer Dome's largest open pit gold mines in Papua New Guinea. In addition to his considerable experience in the exploration, development and mining industry, he worked in the corporate development group with chemical manufacturer Methanex Corporation. Jay has a Bachelor of Applied Science in Geological Engineering from the University of British Columbia and a Master of Business Administration from Queen's University.
Peter Sederowsky has been approved by the Board of Directors and has accepted the role of Lead Independent Director. In his new role Mr. Sederowsky will aid and assist the Chairman and Chief Executive Officer as well as the remainder of the Board, in assuring effective corporate governance in managing the affairs of the Board and the Company.
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