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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the
Securities Exchange Act of 1934
Date of Report : June 18, 2008
(Date of earliest event reported)
SILVER DRAGON RESOURCES INC.
0-29657 |
(Commission File Number) |
Delaware | 33-0727323 |
(State or other jurisdiction of incorporation or organization) | (IRS Employer Identification No.) |
5160 Yonge Street, Suite 803
Toronto, Ontario, M2N 6L9
(416) 223-8500
(Registrant's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On June 18, 2008, Silver Dragon Resources Inc. (the "Company") issued a press release entitled Silver Dragon Appoints Guoqiang Hao to Board of Directors.
In accordance with General Instruction B.2 of Form 8-K, the information in this report, including the exhibit attached hereto, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("the Exchange Act"), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
Description
99.1 Silver Dragon Appoints Guoqiang Hao to Board of Directors
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SILVER DRAGON RESOURCES INC. | |
Date: June 18, 2008 | /s/ Marc Hazout |
By: Marc Hazout, President, CEO, Director |
PRESS RELEASE
Silver Dragon Appoints Guoqiang Hao to Board of Directors
Beijing, China June 18, 2008 -- Silver Dragon Resources Inc. (OTC BB: SDRG.OB News) is pleased to announce the appointment of Guoqiang Hao to the Companys Board of Directors. As a result of Mr. Haos appointment, Silver Dragons Board of Directors is made up of three executives and two non-executives for a total of five members.
The appointment of Guoqiang Hao to Silver Dragons Board of Directors continues the Companys strategy to expand the capacity and experience of the Board, commented Marc Hazout, President and Chief Executive Officer of Silver Dragon Resources Inc. This appointment is also a testament to the quality of Silver Dragons portfolio of assets and the commitment of the Chinese government to develop them while maximizing shareholder value.
Mr. Hao is currently head of The Exploration Unit of North China Geological Exploration Bureau, a.k.a. Huaguan Industrial Corp. (HIC), a Chinese state-owned entity that operates in many diversified fields such as mining, engineering, manufacturing, chemical analysis and real estate. Mr. Hao has served with HIC for over 30 years, first as a geologist, then as a manager. Mr. Hao was instrumental in its development from a geological exploration team to a conglomerate that boasts a staff of over 700 and more than 10 subsidiaries. Under the leadership of Mr. Hao, HIC has also acquired mining properties in northern Africa and central Asia.
Mr. Hao is also a member of the Board of the Directors of Sanhe Sino-Top Resources & Technologies Ltd., a joint venture between Silver Dragon and HIC. Having a dual capacity of corporate executive and government officer, Mr. Hao has extensive connections with Chinas mining and industrial circles as well as the Chinese government.
About Silver Dragon Resources Inc.
Silver Dragon Resources Inc. is a mining and metal company focused on the acquisition, exploration, development and operation of silver mines in proven silver districts exclusively in China and Mexico. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, and/or producing properties with significant untapped exploration potential. It is management's objective to grow Silver Dragon into a significant silver producer by developing Cerros las Minitas in Mexico and the nine Erbahuo properties in China. With operations in Mexico, the worlds leading producer of silver, and in China, the worlds largest consumer of silver, Silver Dragon is prepared to participate in Chinas increasing demand for silver. 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 Projects, outcome and timing for the completion of further assays and Silver Dragons future prospects, 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. Forward-looking information is subject to known and unknown risks, unc ertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks associated with the mining industry such as economic factors, government regulation and approvals, environmental risks, actual results of exploration activities, future commodity prices, permitting timelines, capital expenditures, possible variations in ore reserves, resources, grade or recovery rates, requirements for additional capital, changes in laws or policies, changes in project parameters as plans continue to be refined, conclusions of economic evaluations as well as other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact Silver Dragon Resources Inc.
Contacts:
Silver Dragon Resources Inc.
Marc Hazout
President and CEO
(416) 223-8500 or Toll Fee: 1-866-512- SDRG (7374)
Silver Dragon Resources Inc.
Alessandro Motta
Investor Relations
(416) 223-8500 or Toll Fee: 1-866-512- SDRG (7374)
Email: info@silverdragonresources.com