Sino-Sud Resources Announces Further Delays For IPO

Following more disappointing results from numerous drill samples, Sino-Sud Resources announced an indefinite hold on preparations for the company's initial public offering.

Originally slated for this year, the Sino-Sud Resources IPO was to fund company expansion after positive preliminary surveys of several test sites. More in-depth sampling has revealed far smaller reserves than previously expected, some too small to be worth further development.

Interested potential investors are asked to be patient while the company re-evaluates its fund raising strategy in light of these findings. More details will be released as they become available.

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Investors should never rely solely on the information contained in this article. The information contained in this article is not a substitute for independent professional guidance. Advice should be acquired from an investment advisor who has the authority to trade in Sino-Sud Resources securities. Duplication, re-transmission or modification of this article, either electronically or otherwise is strictly prohibited without the express permission of Sino-Sud Resources. An official copy of this article can be obtained by sending a self addressed envelope to Sino-Sud Resources, Level 54 Guangzhou IFC, No.5, Zhujiang Road West, Guangzhou 510623 PRC, China. Please use our contact us form on the companies official website at for any other enquiries.