TORONTO, ONTARIO--(Marketwired - April 8, 2013) - Migao Corporation (MGO.TO), today announced the appointment of Mr. Pingfu Sun to the Board of Directors. The appointment is effective immediately.
Based in China, Mr. Sun currently leads the Technical Committee of Experts for Migao Corporation at the Sichuan facility. Mr. Sun has worked at Migao since 2007 and was responsible for the successful design and implementation of Migao's joint venture with SQM for the production of soluble potassium nitrate. Mr. Sun has led the Company's research and development team in designing and implementing improvements to production processes that have increased Migao's economic and environmental performance.
Mr. Sun has 28 years of professional experience having worked at a variety of chemical plants in China, focusing on inorganic chemical, organic chemical and fine chemical industries, as well as having experience in engineering economics research. Mr. Sun's addition to the Board further enhances the Company's already strong industry and technical expertise.
Migao Corporation, through its wholly owned subsidiaries, owns and operates fertilizer production plants in various strategic locations across China for the production and sale of specialty potash fertilizer (potassium nitrate, potassium sulphate, and specialty compound fertilizers) to China's agricultural market. Migao Corporation is subject to, and complies with strict government regulations that govern safety, quality and environmental protection. Please visit www.migaocorp.com for further information.
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This news release may include forward-looking statements within the meaning of certain securities laws, including the "safe harbour" provisions of the Securities Act (Ontario) and other provincial securities laws in Canada. These forward-looking statements include, among others, statements with respect to our objectives and goals, and strategies to achieve those objectives and goals, as well as statements with respect to our beliefs, plans, objectives, expectations, anticipations, estimates and intentions. The words "may", "will", "could", "should", "would", "suspect", "outlook", "believe", "plan", "anticipate", "estimate", "expect", "intend", "forecast", "objective", and "continue" (or the negative or grammatical variations thereof), and words and expressions of similar meaning, are intended to identify forward-looking statements.
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We caution that the foregoing list of important factors that may affect our future results, performance or achievements is not exhaustive. When reviewing our forward-looking statements, readers should carefully consider the foregoing factors and other uncertainties and potential events. Additional information about factors that may cause actual results to differ materially from expectations, and about material factors or assumptions applied in making forward-looking statements, may be found under the "Risk Factors" sections in our Annual Information Form and annual MD&A and elsewhere in our filings with Canadian securities regulatory authorities. Except as required by Canadian securities laws, we do not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf; such statements speak only as of the date made. We cannot assure readers that actual results, performance and achievements will be consistent with these forward-looking statements, and the differences may be material. The forward-looking statements included herein are expressly qualified in their entirety by this cautionary language.
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