SouthGobi Resources Promotes Within to Replace CFO

SouthGobi Resources Ltd. (TSX:SGQ) reports the appointment of Matthew O’Kane with effect of July 1, 2011 to the role of Chief Financial Officer.

The press release is quoted as saying:

Mr. O’Kane replaces Terry Krepiakevich, CA. Mr. Krepiakevich, who will remain as a Senior Advisor to the Company over the next reporting period, will be pursuing various business opportunities and will continue to serve on public and private boards.

SouthGobi Resources’ President and CEO, Alexander Molyneux says:

“We are very pleased to welcome Matthew to his new role at SouthGobi. He brings a strong background in financial management and analysis, and has proven to be a valuable member of our management team.”  “At the same time, we extend our gratitude and good wishes to Terry. Since joining the Company in 2006, Terry has helped grow SouthGobi from a coal explorer to a successful mine development and operating company, and provided effective financial leadership. We greatly appreciate his dedication and service to the company.”

Click here to access the entire news release. 

Click here to access SouthGobi’s company profile.(TSX:SGQ)