Gravitas Announces Appointment of Lawrence Xing to its Board of Directors


Appointment Adds Unmatched Experience and Chinese Network for Gravitas

Not for distribution in the United States or through United States wire services

TORONTO, Feb. 25, 2019 (GLOBE NEWSWIRE) --  Gravitas Financial Inc. (CSE: GFI) (“Gravitas” or the “Company”), announces that the board of directors has appointed Lawrence Xing to Gravitas’s board of directors effective Feb 21, 2019.

Mr. Xing is currently President of Yuhua Group, a Shanghai based investment company with operations in mining, real estate, pharmaceuticals and financial services sectors. Mr. Xing has expertise in the complete mining chain from extraction, processing and distribution and has developed close relationships over 20 years with the largest Chinese mining firms including Baosteel, HNCC, and China Molybdenum to name a few.

Mr. Xing is the Executive Vice President of the Henan Association of Canada and President of the Canada Henan Chamber of Commerce. With over 20,000 members, the Canada Henan Chamber of Commerce is one of the country’s largest Chinese non-profit organizations that promotes cross culture collaboration and business between Henan province and Canada.

Vikas Ranjan, President of Gravitas, stated, “Gravitas is extremely excited to have Lawrence join our board of directors. Based on his extensive, wide-ranging experience across several industries in China, we’re confident that Lawrence will enhance the strategic perspectives of our Board. Gravitas and its affiliated companies currently have a well-established platform that services Chinese Canadian high net worth investors and a Sino-Canadian Mining business. Gravitas is entering an important growth phase and the experience and skills Lawrence brings will play an important role in ensuring our success.”

ABOUT GRAVITAS FINANCIAL INC.
Gravitas Financial Inc. is a platform company that creates businesses in key traditional and emerging sectors with strong industry partners. Our industry focus includes financial services, fintech, and Sino-Canadian mining. We leverage our unique platform to develop a continuous pipeline of new ventures with significant blue-sky potential. Our platform is complimented by strong investment research and digital investment media groups.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:
Vikas Ranjan, President, Gravitas Financial Inc
Email: vikas@gravitasfinancial.com
Tel: 647-352-2666