Three outside directors join China Armco

Oct 29, 2009 | 08:52 AM | Paul Schaffer

China Armco Metals Inc., which is constructing a scrapyard in China's Jiangsu province, has expanded its board of directors to include a Canadian consultant who will head the company's audit committee.

The addition of three outside directors is aimed at eventually obtaining stock exchange eligibility in the United States. Independent voices on the board are important "as we position the company to list our shares on an exchange," Kexuan Yao, the company's chairman....

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