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Newsroom - Clients - SDRG
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
Silver Dragon Resources Inc
Silver Dragon Resources Inc. Update
TORONTO--(BUSINESS WIRE)--Silver Dragon Resources Inc. (OTCBB:SDRG - News) reports that the Company will not be filing its Form 10-KSB today as required pursuant to the Securities Exchange Act of 1934, as amended, as the Company's annual audit for 2006 has not yet been completed. The Company's auditors, SF Partnership LLP, are working diligently through the annual audit process, however, due to the Company's new operations in China and Mexico in 2006, the completion of the audit is taking longer than anticipated.
The Company wishes to emphasize that there have been no disagreements with the Company's auditors, and management is assisting the auditors as much as possible to finalize the audit and file the Form 10-KSB as soon as possible. The Company is also in the process of implementing a sophisticated accounting software program geared towards mining companies, which will link the accounting records in Mexico and China with those at the Company's head office, thereby greatly improving efficiency.
Silver Dragon Resources Inc. is a mining and metal company focused on the exploration, acquisition, development and operation of silver mines in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly-leveraged, out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential. For more information, please visit www.silverdragonresources.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Silver Dragon Resources Inc.
Kirk Boyd, Chief Accounting Officer, 416-223-8500
info@silverdragonresources.com
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About Silver Dragon Resources Inc.
Based in Canada and publicly traded on the OTCBB, we are focused
on the exploration, acquisition, development and the operation of
silver mines throughout the world. The properties are located in
proven silver districts of Mexico and China.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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