Sunshine Agri-Tech Inc. Awarded Government Grant by Dalian Economic and Development District
November 17 2010 - 7:00AM
Marketwired Canada
Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) ("Sunshine Agri-Tech" or the
"Company") is pleased to announce its reception of a government grant award of
$280,000 CAD for being the first company within the Dalian Economic and
Development District to go public. The award is given to companies which become
publicly traded on international exchanges outside of China and are based within
this District.
Baojun Zhang, CEO and President of Sunshine Agri-Tech, stated, "We are excited
to receive this award as it recognizes the achievement of an important corporate
development and a significant milestone in our short public history. We will be
able to utilize these funds to further advance our work within the Dalian
district. This award is indicative of our Company's drive to reach new markets
and remain an innovator within our industry."
About Sunshine Agri-Tech Inc.:
Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) is a public company listed on the TSX
Venture exchange. The Company is engaged in the research, development,
production and sales of bio-feed, microbial feed additives and related products
that aim to improve the health and performance of animals. The Company's line of
products include: (a) bio-feed; and, (b) microbial feed additives. The Company
currently sells its products throughout China and Japan, and is beginning
expansion into Southeast Asia. The Company is based in the city of Dalian in the
Peoples Republic of China.
For more information about Sunshine Agri-Tech Inc. please visit our website
www.sunshine-agri.com or call 778-331-2097 for a full corporate profile.
On Behalf of the Board of Directors
SUNSHINE AGRI-TECH INC.
Baojun Zhang, PhD, CEO and President
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking
statements, which address future events and conditions, which are subject to
various risks and uncertainties. The Company's actual results and financial
position could differ materially from those anticipated in such forward-looking
statements as a result of numerous factors, some of which may be beyond the
Company's control. These factors include: results of exploration activities and
development of mineral properties, fluctuations in the marketplace for the sale
of minerals, the inability to implement corporate strategies, the ability to
obtain financing, currency fluctuations, general market and industry conditions
and other risks disclosed in the Company's filings with Canadian Securities
Regulators.
Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise.
Sunshine Agri Tech (TSXV:SAI)
Historical Stock Chart
From Nov 2024 to Dec 2024
Sunshine Agri Tech (TSXV:SAI)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Sunshine Agri Tech Inc (TSX Venture Exchange): 0 recent articles
More Sunshine Agri-Tech Inc. News Articles