Sino-Sud Resources Recent Property Acquisitions Reassessed
Online, March 19, 2014 (Newswire.com) - Preliminary findings were very positive, but were not substantiated by more in depth geologic surveying methods. The South American site in question no longer appears to be economically feasible to warrant further development.
This setback is a contributing factor to the delay of the company's IPO, which was to fund company expansion. New acquisitions continue to be identified and tested. Sino-Sud will release more details on potential new acquisitions and the status of the IPO as they become available.
This article contains forward looking statements. Past performance does not guarantee future results. This article does not constitute any part of Sino-Sud Resources' annual report, prospectus, offering memorandum or any other document required for Security Commission compliance. Sino-Sud Resources makes every effort to ensure the accuracy of the contents of its articles. There may be errors, omissions, technical or typographical errors for which the company assumes no responsibility. Sino-Sud Resources does not guarantee, warrant or make any representations regarding the accuracy, usefulness, validity, reliability or completeness of the information contained in this article. Sino-Sud Resources will not be held liable for any direct or indirect damages including, but not limited to, negligence by employees or persons working under contract for the company.
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 sinosud.com for any other enquiries.