Li Li steps down as China Nonferrous Gold finance chief

14th Dec 2016 14:36

(ShareCast News) - Mineral exploration and mining company China Nonferrous Gold announced on Wednesday that Li Li had resigned as its finance director.The AIM-traded firm, currently mining the Pakrut gold project in the Republic of Tajikistan, only cited 'personal reasons' for Li's departure.Li did, however, accept an appointment as a non-executive director of the company."The board of the Company would like to thank Mr Li, for his contribution to the development of CNG and the Pakrut gold project as the finance director over a number of years and we are pleased he is able to continue working with the company in his new role as a non-executive director," said chairman Wu Xiang."The board is now actively in the process of selecting and appointing a new finance director and we look forward to updating the market in due course."