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Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
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  • ZYL Limited Appoints Yuzheng Xie As New Chairman 0 comments
    Apr 10, 2013 9:27 PM

    ZYL Limited (ASX: ZYL) has appointed experienced iron ore trader Yuzheng Xie as its non-executive chairman.

    Xie has an extensive steel material marketing and trading background and is a seasoned dealmaker with experience in securing project finance and capitalizing junior mining companies.

    Importantly, he brings to the company a network of financiers who will assist the company in its future objectives.

    The Anthracite project developer is pressing ahead with its Kangwane and Mbila projects after settling legal disputes with the Mbila project vendors and making changes to project ownership.

    This has received further impetus from a recapitalisation, which will add about $13 million to its coffers.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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