General Moly Appoints Steven Xiao to Board of Directors
General Moly, Inc. (NYSE Amex: GMO)(TSX: GMO) announced that Steven Xiao
was appointed to the Board of Directors. Mr. Xiao, who was designated by
Hanlong (USA) Mining Investment Inc., pursuant to the Hanlong
transaction announced March 4, 2010, will serve on the Finance and
Technical committees.
Mr. Xiao has more than 15 years of experience in finance and investment
working for several mining companies and financial organizations
including Golden Cross Resources, China United Mining Investment
Corporation, Apex Wealth Investment Management Limited, and Pan-China
Construction Group Limited. Steven currently serves as Managing Director
of Hanlong Mining Investment Pty Ltd. Steven also serves as an Executive
Director of Moly Mines, an Australian-based resources company listed on
the ASX and TSX. Steven has a MBA from the University of Texas at
Arlington and a PhD from California Southern University.
Bruce D. Hansen, Chief Executive Officer, said, 'I am very pleased to
welcome Steven Xiao to General Moly as a Director. Steven will make a
great addition to our board and we have maintained an excellent working
relationship with Steven and the rest of the Hanlong team over the past
nine months. With this appointment, our Board will grow to ten,
including seven independent Directors.'
General Moly is a U.S.-based molybdenum mineral development, exploration
and mining company listed on the NYSE Amex (formerly the American Stock
Exchange) and the Toronto Stock Exchange under the symbol GMO. Our
primary asset, our interest in the Mt. Hope project located in central
Nevada, is considered one of the world's largest and highest grade
molybdenum deposits. Combined with our second molybdenum property, the
Liberty project that is also located in central Nevada, our goal is to
become the largest primary molybdenum producer by the middle of the
decade. For more information on the Company, please visit our website at http://www.generalmoly.com.
General Moly:
Investors:
Seth Foreman, 303-928-8591
sforeman@generalmoly.com
or
Media:
Zach
Spencer, 775-748-6059
zspencer@generalmoly.com
or
http://www.generalmoly.com
info@generalmoly.com