Asian Dragon Group Inc., Appoints Former Head of China Gold Bureau as Asian Dragon Chief Chinese Advisor.LUOYANG, China -- Asian Dragon Group Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AADG AADG Association Amis De Georges ) (FWB (Fixed Wireless Broadband) See fixed wireless. :P2J1) (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) :A0KE7Z) is pleased to announce the appointment of Mr. Yang Dali as Chief Chinese Advisor to Asian Dragon as it continues its growth as a dominant player in China's gold and precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. industries. Mr. Yang graduated from Zhongnan Industrial University with a Bachelor's Degree in Science in 1960 then continued to the position of Engineer with the Beijing Non-Ferrous Metallurgy Design and Research Institute. Mr. Yang has held positions as Department Head, Director of External Affairs and Chief Engineer of the following organizations: the Gold Bureau of China, the Ministry of Metallurgy; the Gold Company of China; the Headquarters of the Military Police for Gold; the State Gold Administration; and the Gold Administration under the State Economic and Trade Commission from 1975 - 1998. Mr. Yang is also a member of the Precious Metal Reserves Commission and a member of the Land and Geology Society of China. Mr. Yang is a senior adviser and expert (registered) of the Mineral Resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature Association of China and a part-time professor at Zhongnan Industrial University. Mr. Yang was formerly appointed independent non-executive director A non-executive director (NED, also NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. of Zijin Mining Group Co., Ltd., one of China's largest and most developed mining concerns. Mr. Yang is stationed in Beijing, China and will be assisting Asian Dragon in all facets of Project Luogold and will be evaluating prospective new mining projects for acquisition. About Asian Dragon Asian Dragon was established to focus on China's explosive precious metals reserves and markets and to become one of China's largest foreign gold and precious metals producers through a series of joint ventures and mine and property acquisitions. Key relationships in China are enabling Asian Dragon to capture business opportunities as the Chinese Government continues to privatize many of their industries, enabling local and foreign investment to fill the void left by the Government ministries. Asian Dragon takes advantage of an identified niche opportunity in the Gold Mining Industry of China, where the Chinese Government has withdrawn the military from Gold Mining and set up the Gold Bureau to continue Gold Mining on an international scale. Long standing relationships with the Gold Bureau have provided Asian Dragon with the exclusive opportunity to commence due-diligence on several advanced Chinese Gold Mining Projects in one of the Country's most well-known and prolific mineral production regions, the Xiaoqinling Region, where hundreds of small and dozens of medium to large mines are actively mining gold and various other precious metals and minerals. Earlier companies which acquired smaller advanced mining projects have since proven out positively and have succeeded in turning themselves into billion dollar market-cap opportunities. Two recent examples are Hong Kong listed Lingbao Gold Co. and Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. listed Silvercorp Metal Inc. both of which have major projects in the Xiaoqinling Region. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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