Sunshine Agri-Tech Inc. Awarded Government Grant by Dalian Economic and Development District
November 17 2010 - 8:00AM
Marketwired
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Sunshine Agri-Tech Inc. 778-331-2097
www.sunshine-agri.com Senergy Communications Inc. Rob Birmingham
778-331-2097 info@senergyir.com / info@sunshine-agri.com
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