TSX-V: ARL.P
TORONTO, Sept. 9,
2022 /CNW/ - Aurum Lake Mining
Corporation (the "Company") announces that Mr.
Jingbing Wang has resigned from the Board of Directors (the
"Board") to focus on other commitments and Mr. Weizhe Zhong has been appointed as a new
director of the Company effective immediately.
Mr. Zhong is currently the Chief Executive Officer
("CEO") of Gold Mountains Vision Investment Management Ltd.
("GMV"), a subsidiary of Zijin Mining Group Co., Ltd. Prior
to GMV, he served as the Chief Investment Officer of Sino-Zijin
Resources Ltd. He also worked at SinoTech (Hong Kong) Corporation as CEO, where he
supervised the company's overseas investments and supported the
operations of multiple TSX-V listed exploration companies. Mr.
Zhong graduated from China
University of Geosciences and University of
Waterloo as a geologist. He has experience in exploration,
development and investment in mining projects across the Americas,
Africa and Asia.
The Company expresses sincere thanks to Mr. Wang for his efforts
and contributions as director of the Company and welcomes Mr. Zhong
to the board.
About Aurum Lake Mining Corporation
The Company is a capital pool company created under Policy 2.4
of the TSX Venture Exchange ("TSXV"). It does not own any
assets, other than cash or cash equivalents. The principal business
of the Company is to identify and evaluate opportunities for the
acquisition of an interest in assets or businesses and, once
identified and evaluated, to negotiate an acquisition or
participation so as to complete a Qualifying Transaction (as such
term is defined in the policies of the TSXV). Any proposed
Qualifying Transaction must be approved by the TSXV and, in the
case of a non-arm's length Qualifying Transaction, must also
receive majority approval of the minority shareholders. Until the
completion of a Qualifying Transaction, the Company will not carry
on any business other than the identification and evaluation of
businesses or assets with a view to completing a proposed
Qualifying Transaction.
For further information regarding the Company, the Offering, and
the Company's management team, please contact Patrick Sapphire,
Chief Executive Officer, at 647 530-1117 and see the Prospectus
filed on the Company's SEDAR profile at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Aurum Lake Mining Corporation