MarketWatch / marketwire: UTM Announces Appointments of Kenneth Farrell and Saruul Ganbaatar to the Board of Directors

Undur Tolgoi Minerals Inc. (“UTM” or the “Company”) has appointed Kenneth Farrell and Saruul Ganbaatar to the Company’s board of directors and Paul Rapello has resigned as a member of the board of directors. The Company intends to reappoint Mr. Rapello to the board of directors following the next shareholders meeting, in which the Company will seek authorization from shareholders to increase the number of directors. Mr. Rapello has accepted the appointment as Special Advisor to the Board of Directors of the Company effective immediately. Kenneth Farrell, an Australian citizen, is the CEO of Bumi Resources Minerals, the largest publicly traded Indonesian mineral company. Mr. Farrell is also an Executive Director of Bumi Resources, Indonesia’s largest listed coal mining company. Prior to joining Bumi Resources in 2002, Mr. Farrell worked for BHP Billiton for 21 years in various executive and managerial capacities in iron ore, transport, manganese and coal business units. To read the full article, click hereUTM Announces Appointments of Kenneth Farrell and Saruul Ganbaatar to the Board of Directors

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