Windsor, Alberta 1/12/2010 12:45:00 AM
News / Business

L & L Energy Completes Acquisition of Hong Xing Coal Washing Factory for $1 Million

L & L Energy, Inc.'s (OTC.BB: LLEN) subsidiary, L&L Yunnan Tianneng Industry Co. Ltd.(TNI) has acquired 100% of SeZone County Hong Xing Coal Washing Factory in Yunnan, China. The agreement was executed on January 1, 2010. L&L had paid $1 million for the acquisition of the Washing Factory, which will become a second tier subsidiary of L&L. On December 24, 2009 the TNI joint venture was approved by the government of China.

 

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L&L Energy, Inc. (L&L), formerly L & L International Holdings, Inc., is engaged in the business of coal mining, coal consolidation and wholesaling in the People’s Republic of China. The Company’s operations are conducted in the Yunnan Province in southwest China.

 

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