Wednesday, June 03, 2009 9:46:26 AM
15 minutes ago - Pr Newswire
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Symbol Last %Chg
MVTG 0.28 0.00%
As of 12:00 AM ET 6/2/09
Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce the appointment of Mr. Shawn Kim as the Vice President of International Business Development.
Mr. Kim has nine years experience in the financial industry where he started as a business analyst. After dedicating 3 years to Mackenzie Financial Corporation in Toronto, he moved to AIG in Korea where he successfully implemented a worldwide marketing model and secured new business alliances. In his most recent role, Mr. Kim served as an International Business Consultant with the District of North Vancouver. Mr. Kim graduated from the University of Western Ontario in 1996 with a BA in Administrative and Commercial Studies.
"Through his recent position with the District of North Vancouver, Mr. Kim played a pivotal role in establishing the twinning relationship between Mantra and Bluebird Co. Ltd, of Seoul, Korea," said Larry Kristof, President and CEO of Mantra. "Mr. Kim's wealth of experience in international business and finance will be of great use to Mantra, and we are very fortunate that he has decided to join our team."
Mr. Kim will begin work at Mantra's head office in Vancouver immediately, where he will be taking a leadership role in solidifying the Definitive Partnership Agreement with Bluebird Co. Ltd. The signing of the Agreement, originally scheduled for completion by May 31, 2009, has been extended for a period of 60 days to help ensure that all respective roles, responsibilities and key performance criteria are adequately defined.
Upon completion of the aforementioned Agreement, Mr. Kim will be chiefly responsible for the company's further expansion into Asia, as well as new markets including South America and Europe.
With respect to his new position, Mr. Kim commented: "It is with great honour that I accept the position with Mantra. Mantra and its portfolio of technologies are perfectly positioned to benefit from numerous International Green Tech initiatives, and I look forward to capitalizing on such programs as a part of Mantra's strategic growth strategy."
NEW! Stay up to date with Mantra on Twitter: twitter.com/mantraenergy
About Mantra Venture Group Ltd.
Mantra, through its group of sustainable energy, carbon recycling and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol EDV 5MV.
Forward-Looking Statements:
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Investor Relations
Terry Johnston
604-267-3022
tjohnston@mantraenergy.com
www.mantraenergy.com
SOURCE Mantra Venture Group Ltd.
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