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-Shandong Dadi Salt Chemical Group Company Limited completes pre-IPO financing.

International Resource News-August 24, 2011--Shandong Dadi Salt Chemical Group Company Limited completes pre-IPO financing(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk

International Resource News - 24 August 2011

Shandong Dadi Salt Chemical Group Company Limited, a China-based producer of crude salt, sodium hydroxide and bromine, has completed a pre-IPO financing.

The pre-IPO financing was for USD8,000,000 with certain investors.

The proceeds will be utilised in part to increase production capacity in preparation for Dadi's planned subsequent financing in the public capital markets.

[Editorial queries for this story should be sent to irn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDAugust 24, 2011>JNINTERNATIONAL RESOURCE NEWS.PRICEDATENOT APPLICABLE.DAY

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Publication:International Resource News (IRN)
Date:Aug 24, 2011
Words:116
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