Orion Metals Limited: Appointment of New Director – Mr. Bin Cai

OrionLogoMay 1, 2012 (Source: Orion Metals) — The Board of Orion Metals Limited (ASX: ORM) is pleased to announce the appointment ofMr Bin Cai as a Director. Mr Cai is the Managing Director of Mr Conglin Yue’s AustraliaConglin International Investment Group Pty Ltd based in Brisbane. The Conglin Group isOrion’s largest shareholder with a 19.8% interest. Mr Cai has an outstanding record ofsuccessful strategic investments in emerging Australian resources companies based on hislong experience in resources investment. Prior to joining the Conglin Group Mr. Cai hadeight years experience with The China Investment Bank. Mr Cai is also a Director ofCarpentaria Exploration Limited.

Welcoming Mr. Cai to the board, Chairman of the Company Mr. David Barwick stated thathaving Mr Cai as a director would strengthen the Company’s association with the AsianResource sector as the Company advanced its various Rare Earth and Gold Explorationprospects both in Australia and now in South Korea.

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  1. Well! So Conglin Yue and the Chinese government alliance shows up again. What are Mr Cai’s credentials in respect to Australian Company Law?
    Big Ern

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