VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2012) - East Asia Minerals Corporation (TSX VENTURE:EAS) ("EAS" or the "Company") is pleased to announce that is has entered into an agreement with Dr. Fadel Muhammad, to act as Strategic Advisor to the Company with respect to the Company's Indonesian assets.
Bapak Dr. Fadel is a very well-known figure in Indonesian Political and Business circles. He, will provide assistance to EAS with respect to both its existing concessions in Miwah, Aceh Province and Sangihe, North Sulawesi, as well as any concessions it may acquire in the future.
Bapak Dr. Fadel was, until recently, Minister of Marine Affairs and Fisheries Sea in the current government, having previously served as Governor of Gorontalo Province in Sulawesi. Bapak Dr. Fadel has served as Vice President of the Indonesian Chamber of Commerce and Industry. He has also been the Chairman of the Al Khairaat Foundation, a leading institution in Islamic education serving eastern Indonesia.
Bapak Dr. Fadel is the owner of the GEMA Group of companies which has interests in manufacturing, fabrication, oilfield services and publishing.
Bapak Dr. Fadel studied at the Engineering Science & Industrial Technology Faculty of Bandung Institute of Technology (ITB) and obtained his PhD with cum-laude in Public Administration from University of Gadjah Mada.
Edward Rochette, Chief Executive Officer with East Asia Minerals commented: "In his advisory role Bapak Dr. Fadel will provide invaluable assistance to enable the projects in Indonesia to move forward in a timely and sustainable manner. We are very pleased to have Bapak Fadel advising the Company and look forward to working with him in this new role."
Dr. Fadel Muhammad may be granted stock options of the company, in future, subject to receipt of board and regulatory approvals, including the approval of the TSX Venture Exchange, in consideration for his services to the Company.
About East Asia Minerals Corporation
East Asia Minerals (TSX VENTURE:EAS) is an Asian-based, Canadian mineral exploration company with gold and copper exploration properties in Indonesia, and uranium exploration properties in Mongolia. In Indonesia, the Company has a 70% to 85% interest in three advanced gold and gold-copper properties located in Aceh Province, Sumatra, and Sangihe Island, North Sulawesi. The Company owns nine uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, and two phosphate properties in Mongolia. Its shares are listed for trading on the TSX Venture Exchange under the symbol "EAS".
FOR FURTHER INFORMATION, visit the Company's website at www.EAminerals.com.
On Behalf of East Asia Minerals Corporation:
Edward Rochette, Chairman & CEO
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FOR FURTHER INFORMATION PLEASE CONTACT: Mike McAllister
East Asia Minerals Corporation
Manager, Investor Relations
+1 416-309-2134
Info@EAminerals.com
www.EAminerals.com |
