Monday, March 8, 2010

SinoCoking Coal Boss In Trade Activitiy Statement

Jianhua Lv, Chief Executive Officer of US-based Chinese coal miner, SinoCoking Coal and Coke Chemical Industries, Inc has made a general announcement regarding recent trading activity in the company’s shares.

"In response to inquiries regarding the recent trading activity in our stock, subsequent to our March 3 press release regarding our commencement of construction of a new coking facility, SinoCoking is not aware of any other recent or pending material announcements or recent or pending corporate developments that would account for the unusual trading activity in our stock." Mr. Lv added that "We wish to remind shareholders that we are a newly listed company, and our stock price may be volatile. Shareholders and the investment community should carefully review our filings with the SEC, including our financial information, in addition to the company's other public announcements and disclosures, before making any investment decision with regard to our stock."

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