INDUSTRY NEWS: Burcon announces appointment of a new director

Burcon announces appointment of a new director

VANCOUVER, April 20 /CNW/ - Burcon NutraScience Corporation (TSX - BU) ("Burcon" or the "Corporation") is pleased to announce the appointment of Mr. Alan Chan to its board of directors.

Alan Chan is an executive director at ITC Corporation Limited and ITC Properties Group Ltd., both of Hong Kong. At ITC Corporation Limited, Mr. Chan has focused on the sourcing, negotiations and valuation of venture capital deals in various sectors including technology companies in the U.S. and Korea, natural resources and commodities opportunities in China, hospitality companies in Greater China and Southeast Asia, public and private corporate finance transactions, and business development as well as strategy for the group's hospitality business.

At ITC Properties Group, Mr. Chan has been involved with due diligence, negotiations, investment, sourcing as well as master planning and design of commercial, hospitality and residential projects. In addition, he is the lead executive director developing new policies for green and sustainable development practices throughout the group. During Mr. Chan's tenure with the ITC group, he has developed an intimate understanding of the Greater Chinese and Southeast Asian markets.

Prior to joining ITC, Mr. Chan worked in the Investment Banking Division of the Goldman Sachs Group with a focus on capital raising, mergers & acquisitions and strategic advisory for financial institutions, technology and consumer retail companies in Greater China and Southeast Asia with transactions ranging from US$500m to US$5.6bn.

Mr. Chan is a graduate of Duke University and is active in various organizations, including the Bisagni Environmental Enterprise (BEE Inc) and the YElites Group in Hong Kong.

Burcon also announces the resignation of Ms. Dorothy Law from the board of directors. Ms. Law has served as a director of the board since December 1998. She will continue to act as Senior Vice President, Legal and Corporate Secretary of the Corporation.

Dr. Allan Yap, Chairman and Chief Executive Officer of Burcon said, "I am very pleased to have Mr. Alan Chan join our board of directors. Burcon will benefit from both his experience and his forward-looking perspective."

SOURCE: CNW Newswire Press Release