L&L Board of Directors Nominates Two New Directors for Vote at 2013 AGM
SEATTLE, Aug. 22, 2013
SEATTLE, Aug. 22, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN")
("L&L" or the "Company"), a U.S.-based company with a track record of
profitable coal operations in China, announced that its Board of Directors has
nominated Mr. Joe Borich and Mr. James Schaeffer for election by the Company's
shareholders on September 16, 2013.
Joe Borich, MBA (Independent)
Mr. Borich is nominated for return to the Company's Board of Directors after
previously serving from 2005 to 2010. He was formerly the US Consul General in
Shanghai under the US Embassy to China. He is China expert and served under
every US President from Nixon to Clinton in a China-related capacity. Mr.
Borich also has substantial experience in Taiwan. He was Chief of the
Political Section of the American Institute in Taiwan, as well as Director of
the Taiwan Coordination Staff in the US State Department. Mr. Borich has
strong familiarity with L&L and will provide additional guidance on L&L's TDR
James Schaeffer, MBA (Non – Independent)
Mr. Schaeffer has three decades of international business and mining
experience throughout the Asia Pacific region including China, US, Mongolia,
and Thailand. He was formerly the CEO of a Hong Kong energy company and
Executive Director of John T. Boyd's Asia Pacific Operations. He is a
Registered Professional Engineer in Kentucky, Pennsylvania and West Virginia.
Correction from previous release, Mr. Schaeffer received his MBA from Robert
Morris University and his Bachelor of Science in Mining from University of
Recently, the Company announced Mr. Schaeffer has joined L&L's management
team. The Company will utilize Mr. Schaeffer's breadth of experience in both
the US and Asia to evaluate new energy opportunities in the US.
Mr. Borich and Mr. Schaeffer were nominated for election alongside current
directors seeking reelection, Mr. Dickson Lee (Chairman), Dr. Syd Peng
(Independent), Mr. Mohan Datwani, Esq (Independent), and Mr. Jingcai Yang
L&L Director and Chairman of the Nominations and Governance Committee, Dr. Syd
Peng commented, "I am very pleased to announce that the Board has nominated
these two experienced professionals for election by the Company's shareholders
next month. I believe both will bring new elements, expanding the
sophistication of the Board."
L&L Energy Inc.
SOURCE L & L Energy, Inc.
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