Silver Dragon Resources Inc. Appoints Chief Financial Officer
TORONTO, ONTARIO (MARKET WIRE) September 8, 2010 ─ Silver Dragon Resources Inc. (OTCBB: SDRG) is pleased to announce the appointment of Jeffrey D. Sherman as Chief Financial Officer and Corporate Secretary. Mr. Sherman is a chartered accountant with extensive management and financial market experience. He is a director of several companies, as well as chief financial officer of a TSX-listed company.
Mr. Sherman has over twenty years experience in finance, including as chief financial officer of several companies. He has written approximately 20 books covering risk management, treasury, cash management, finance, and related topics, and instructs numerous courses, including the Executive Development program, at the Institute of Chartered Accountants of Ontario.
“We are extremely pleased to have someone of Jeffrey’s caliber and background joining Silver Dragon, as we continue to advance our properties toward production and prepare to apply for a listing on the Toronto Stock Exchange. Jeffrey’s experience with finance and accounting, particularly in the metals sector, make him a valuable addition to our executive management team,” commented Mr. Marc Hazout, President and Chief Executive Officer of Silver Dragon Resources, Inc.
About Silver Dragon Resources Inc.:
Silver Dragon Resources Inc. is a mining and metals company focused on the exploration, acquisition, development and operation of silver mines in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly leveraged, out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential. It is management's objective to grow Silver Dragon into a significant silver producer by developing the Cerros las Minitas project in Mexico, its six Sino-Top properties in China ( particularly Dadi and Laopandao), and its Erbahuo Silver mine (via its Chifeng Silver Dragon subsidiary), also in China. For more information, please visit the Company's website at: www.silverdragonresources.com (now available in Chinese).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical, such as statements regarding the exploration and development of the Laopandao and Dadi Silver Project, outcome and timing for the completion of further assays and metal amounts in partial assay results, are forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur. Information inferred from the interpretation of assay results and information concerning mineralization zones may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to future assay results, delays in testing and evaluation of assays, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.Contact
Silver Dragon Resources Inc.
Marc Hazout, President or Alessandro Motta, Investor Relations
(416) 223-8500 or Toll Free: 1-866-512- SDRG (7374)