Russell Breweries Inc. Announces Two New Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/09/13 -- Russell
Breweries Inc. (TSX VENTURE:RB) (the "Company") is very pleased to
announce the appointment of Mr. Peter H. Stafford and Mr. Richard
Ruijian Shi to the board of directors of the Company. Biographies of
Mr. Stafford and Mr. Shi can be found below. Mr. Stafford and Mr. Shi
join Benjamin Li Yu and Dongbing (Derrick) Ma as directors of the
The Company would also like to announce that Andrew Harris has
resigned as a director of the Company. The Company thanks Andrew for
his contributions to the Company over the years and wishes him the
best in his future endeavours.
Peter H Stafford, QC
Mr. Peter Stafford, QC is an Associate Counsel and part-time
consultant to Fasken Martineau DuMoulin LLP Barristers and
Solicitors. Mr. Stafford joined one of the predecessor firms of
Fasken Martineau in 1966 and was a senior partner and former chair of
the Business Law department of the Firm's Vancouver office. From 1985
to 1986, Mr. Stafford was Vice-President, General Counsel and
Secretary of the Bank of British Columbia and from 1987 to 1989 he
was Vice-President and Chief Counsel to Kaiser Resources Ltd., a
finance and investment company. He rejoined the Firm as a partner in
1989. From 2003 until his retirement from full time practice in 2006,
Mr. Stafford was based in the Johannesburg office of Fasken
Martineau. Mr. Stafford's experience is in the areas of corporate and
securities law, including mergers and acquisitions. He was a director
and subsequently secretary of WEX Pharmaceuticals Inc. (TSX listed)
from 2001 to 2011, a director and board chair of BC Bancorp (TSX
listed until its merger with a Canadian bank), and is a former
director of Nissho Iwai (Canada) Ltd. a subsidiary of Nissho Iwai
Corp. (now Sojitz Corp.). Originally from South Africa, Mr. Stafford
obtained a BA from the University of Cape Town and an LL.B from the
University of South Africa. He was admitted as an attorney in South
Africa and subsequently was called to the English Bar (Inner Temple).
He is a Canadian citizen and resides in the South Okanagan, BC.
Richard Ruijian Shi
Mr. Richard Ruijian Shi is a co-founder of Xinjiang Wusu Breweries
Co. Ltd., a joint venture between the Carlsberg Group and Xingjian
Hops Co., Ltd. With an annual production and sales of over 4 million
hecto-liters, Xinjiang Wusu Breweries Co. Ltd is one of the largest
and most successful breweries in Western China. During his 25 years
tenure at the brewery, Mr. Shi held various senior management
positions, from brewery operations to sales and marketing. He was
instrumental in the brewery's sustained growth and profitability over
two decades. Before retiring from the company in 2009 and immigrating
to Canada, Mr. Shi held the position of Senior Vice President for
Sales and Marketing at Xinjiang Wusu Breweries Co. Ltd. Mr. Shi holds
a Bachelor of Commerce degree from the Capital University of
Economics and Business in Beijing, China.
Russell Breweries Inc. is a leading Western Canadian brewer. It
brews, markets, sells and distributes a diverse portfolio of
award-winning beers that are produced by its wholly-owned regional
breweries: Russell Brewing Company in British Columbia and Fort Garry
Brewing Company in Manitoba. Both breweries are dedicated to
producing high-quality, flavourful ales and lagers. Russell Breweries
Inc. is publicly listed on the TSX Venture Exchange (TSX VENTURE:RB).
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Russell Breweries Inc.
Benjamin Li Yu
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