Mr. Shougao Wang (4)

Executive Director

Mr. Wang, was appointed as Chief Executive Officer on June 1, 2018 and joined the Board as the Executive Director on July 3, 2018. Mr. Wang is also a Director of several of the Company’s subsidiaries.

Mr. Wang is a seasoned mining professional, having accumulated over 30 years of international project management and operational experience, and has worked on a number of mining projects in Mongolia and across the globe.

Prior to joining the Company, Mr. Wang was Manager of Quality, Health, Safety and Environment at China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (“NFC”) from March 2017 to May 2018, during which time he was responsible for project quality control, health, environmental protection, and workplace health and safety matters. From 2011 to 2017, Mr. Wang was the Chief Executive Officer of Tsairt Mineral LLC, the parent company of the Tumurtiin-Ovoo zinc mine in Mongolia. During the course of his career, Mr. Wang has held various senior project management positions at different international mining projects operated by NFC and its parent company, China Nonferrous Metal Mining (Group) Co. Ltd.

Mr. Wang is a certified engineer and obtained his Bachelor’s Degree in Civil Engineering from Kunming University of Science and Technology in China in 1989 and a Master’s Degree in Business Administration from Renmin University in China in 2013.

Mr. Wang is a member of the Canadian Institute of Corporate Directors.

Mr. Mao Sun (1) (2) (3)

Independent Non-Executive Director and Lead Director

Mr. Sun, joined the Board of Directors on November 5, 2015 as an Independent Non-Executive Director and was appointed as Interim Lead Director on August 16, 2016. Mr. Sun was appointed as Lead Director on May 30, 2019.

Mr. Sun is the founding partner of Mao & Ying LLP, a private accounting firm offering tax, assurance and management consulting services.

Mr. Sun has over 15 years’ experience in the accounting sector and has extensive knowledge of Canadian accounting standards, International Financial Reporting Standards and Canadian taxation laws. Mr. Sun has extensive experience with Canadian listed companies. Since 2014, Mr. Sun has been the Chief Financial Officer of HFX Holding Corp. Mr. Sun was a Director and Chairman of the audit committee for Yalian Steel Corporation (TSX-V) from 2012 to 2013, and a Director and member of the audit committee for Wildsky Resources Inc. (TSX-V) (formerly China Minerals Mining Corporation) from 2017 to February 2020. Prior to founding Mao & Ying LLP, Mr. Sun was the audit manager in the Vancouver office of KPMG, an internationally recognized accounting firm.

Mr. Sun graduated from Columbia University in New York with a Master Degree in International Affairs, International Finance and Business, and a Bachelor Degree in Computer Science from Nanjing University, China. Mr. Sun is a member of the Institute of Chartered Accountants of British Columbia, the Canadian Tax Foundation and the Canadian Institute of Corporate Directors.

Mr. Yingbin Ian He (1)(2)(3)(4)

Independent Non-Executive Director

Mr. He, joined the Board of Directors on May 16, 2017 as an Independent Non-Executive Director.

Mr. He’s career in the mining industry has spanned over 30 years, with extensive senior executive and board experience. Mr. He is the Lead Director and an Independent Non-Executive Director of China Gold International Resources Corp. Ltd., a company dually listed on the Toronto and Hong Kong Stock Exchanges; a Director and President of Tri-River Ventures Inc., listed on the TSX Venture Exchange (the “TSX-V”) in Canada; and a Director and non-Executive Chairman of Vatukoula Gold Mines Plc, formerly listed on the London Stock Exchange. Alternative Investment Market. Mr. He formerly served as director of several public companies. Mr. He was President and Director of Spur Ventures Inc. (TSX-V), and the General Manager of its operating subsidiary Yichang Mapleleaf Chemicals Inc. In his early career, Mr. He worked as a mineral process engineer and coal preparation engineer respectively with a Canadian mining company and an engineering consulting company.

Mr. He obtained his Doctoral and Master’s Degrees in Mineral Process Engineering from the University of British Columbia in Canada and his Bachelor Degree in Coal Preparation from Heilongjiang Institute of Mining and Technology (currently known as the Heilongjiang University of Technology) in China. Mr. He is a member of the Canadian Institute of Mining, Metallurgy and Petroleum and the Canadian Institute of Corporate Directors.

Ms. Jin Lan Quan (1),(2),(3)

Independent Non-Executive Director

Ms. Quan, joined the Board of Directors on August 6, 2015 as an Independent Non-Executive Director.

Ms. Quan is an independent financial planner and business consultant based in Sydney, Australia. Prior to her current role, Ms. Quan developed extensive and diverse finance and audit experience during her time as an audit partner with one of the big four accounting firms in Sydney, Australia. Ms. Quan has extensive experience in financial consulting services with specialist skills in external auditing, internal audit structuring, corporate financing and risk management and business acquisition. Ms. Quan was previously a director of Kresta Holdings Ltd., a company listed on the Australian Stock Exchange.

Ms. Quan is a Fellow of the Association of Chartered Certified Accountants United Kingdom (ACCA UK), a Certified Public Accountant P. R. China (CPA CHINA), a member of the Chartered Accountants Australia & New Zealand (CA ANZ), and a member of the Canadian Institute of Corporate Directors.

Mr. Jianmin Bao

Non-Executive Director

Mr. Bao, joined the Board of Directors on March 18, 2020 as a Non-Executive Director.

Mr. Bao is currently a Managing Director of CIC Capital Corporation (“CIC Capital”), a wholly owned subsidiary of CIC, and overseas CIC Capital’s investment projects in infrastructure, energy, oil and gas, minerals and related investment funds. Mr. Bao joined CIC in 2011 and managed its North American fund investments and private credit market investments in the Private Equity Department.

Prior to joining CIC, Mr. Bao was a Vice President at the Beijing branch of HSBC. He joined the Global Investment Banking Division of HSBC Great China in 2006, leading the China Transportation and Logistics Team and was the Head of HSBC Northern China Area. Mr. Bao started his career with China Construction Bank, focusing on the feasibility assessment of infrastructure projects. He subsequently joined the Export-Import Bank of China in 1994 where he was Head of the Export Credit Department, working on export credit project reviews and credit management.

Mr. Bao was previously a Commissioner on the Board of Commissioners of PT Bumi Resources Tbk, a company listed on the Jakarta Stock Exchange (the “IDX”) and a non-executive Director of Noble Group Limited, a company listed on the Singapore Stock Exchange.

Mr. Bao received his Master in Industry and Foreign Trade from the Shanghai Jiao Tong University. Mr. Bao is a member of the Canadian Institute of Corporate Directors.

Mr. Ben Niu

Non-Executive Director

Mr. Niu, joined the Board on May 30, 2019 as a Non-Executive Director.

Mr. Niu is currently a Vice President of CIC Capital Corporation (“CIC Capital”), a wholly owned subsidiary of China Investment Corporation (“CIC”) and is responsible for evaluating investment opportunities in the metals and mining industry and management of CIC Capital’s existing portfolio assets in the same sector. Prior to joining CIC Capital in 2019, Mr. Niu was a Senior Manager at China Minmetals Corporation, responsible for its overseas mining strategy, commodity analysis and M&A in the mining sector. Through his experience at China Minmetals Corporation and its subsidiaries, Mr. Niu has developed an extensive understanding of global mining development trends, commodity attractiveness and investment opportunity selection.

Mr. Niu received his Bachelor and Master degrees from Tsinghua University, majoring in Electronic Engineering. Mr. Niu is a member of the Canadian Institute of Corporate Directors.

Mr. Zhiwei Chen

Non-Executive Director

Mr. Chen, joined the Board of Directors on April 13, 2018 as a Non-Executive Director.

Mr. Chen joined China Cinda (HK) Holdings Company Limited (“Cinda HK”) in 2010. He is currently the Assistant General Manager responsible for managing Cinda HK’s investment and financing businesses, leading a team that manages nearly US$3.5 billion in investments. Mr. Chen has over 10 years of investment and research experience in the financial industry and, prior to joining Cinda HK, Mr. Chen was the Executive Assistant to the Chairman of TIG Group in Singapore from 2007 to 2010 and was responsible for TIG Group’s private equity investment business in China. Mr. Chen was a research scholar at the National University of Singapore from 2005 to 2007.

Mr. Chen is a Non-Executive Director of Modern Land (China) Co., Limited, China Fortuna Financial Group and Silver Grant International Industries Limited, each of which is listed on the HKEx.

Mr. Chen obtained his Bachelor’s Degree in Economics from Tsinghua University in China in 2004 and a Master’s Degree in Estate Management from National University of Singapore in 2009. Mr. Chen is a member of the Canadian Institute of Corporate Directors.

Mr. Xiaoxiao Li

Non-Executive Director

Mr. Li, joined the Board of Directors on April 13, 2018 as a Non-Executive Director.

Mr. Li, is currently the Investment Director of the Investment Department at Cinda HK and is responsible for expanding and overseeing the investment business at Cinda HK. Over the course of his career, Mr. Li has accumulated extensive experience in accounting, corporate finance, and investment management.

Prior to joining Cinda HK in 2016, Mr. Li was the Investment Manager of Dingyi Group Investment Limited, which is listed on the SEHK. Mr. Li worked in the Global Banking and Transaction Division for Intesa Sanpaolo S.p.A. from 2013 to 2015 in New York and he worked as an auditor at KPMG LLP from 2010 to 2013 in New York.

Mr. Li graduated from the University of Southern California in the United States with a Bachelor of Science in Accounting and Finance in 2010. Mr. Li is a member of the American Institute of Certified Public Accountants, Canadian Institute of Chartered Professional Accountants and Canadian Institute of Corporate Directors.

(1) Audit Committee
(2) Nominating and Corporate Governance Committee
(3) Compensation and Benefits Committee
(4) Health, Environment, Safety and Social Responsibility Committee