Austin, TX 12/13/2007 11:40:15 PM
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China Organic Agriculture In (OTCBB: CNOA)
China Organic Announces Appointment of New CEO
JILIN, China, Dec 13, 2007-- China Organic Agriculture, Inc. , a growth-driven agricultural and products company leading China's organic foods revolution, today announced that Changqing Xu, has been appointed as the new Chief Executive Officer of China Organic Agriculture on December 6th. The Company has been under the oversight of Huizhi Xiao, Chairman for the last several months. New CEO Changqing Xu will add to the already strong leadership of the Company. Mr. Xu, MBA has 15 years of experience in management, and 5 years of senior level management overseas. Mr. Xu held positions such as CEO, COO, market manager and supervisor specializing in asset and resource restructuring as well as overseas expansion.
"We are very happy to announce the appointment of our new CEO, Mr. Xu. His extensive experience will only help us realize our goals. With his admirable leadership and guidance, we will be able to pursue more green food corporations as well as other acquisitions that will be beneficial for our Company and its shareholders," said Chairman, Huizhi Xiao.
"We feel that this process will enable our Company to see even great growth in 2008 and beyond. We will expand our distribution channels as well as diversify our operations," added Changqing Xu, the new CEO of China Organic.
1992-1997: Market manager and Managing Director of Shenzhen Fuxing Printing Company Limited. Imported production in from the US and increased production by 80%. He was also in charge of sales and promotions of the product and has expanded sales from Guangdong to nationwide. During this time he has also signed exclusive contracts with various vendors and retailers.
About China Organic Agriculture China Organic Agriculture is among the largest producers of organic rice in China. CNOA controls all aspects of the process from seeds to planting and processing, R&D and sales. The Company also has an extensive sales network, located in the major cities in China.
CNOA has experienced significant growth since its inception in 2002, and as an agricultural company is exempt from taxes in China. CNOA has put solid plans in place to markedly expand revenues. The quality of CNOA's products results in the ability to command and receive prices 15% higher than comparables.
CNOA has in excess of 6260 acres dedicated to green and organic rice. The irrigation system is fed from the Nen River, one of the last unpolluted rivers in China, and no chemicals or fertilizers are used in the process. The Company's flagship brand, ErMaPao, has won several quality awards, holds the highest organic certification and is one of the most popular rice brands in the country.
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China 3C Group (OTCBB: CHCG)
China 3C Group Acquires Exclusive Selling Rights to Meizu Products in Two Major Retail Chains
ZHEJIANG PROVINCE, China, Dec 11, 2007 China 3C Group, a retailer and distributor of consumer and business products in China, announced today it had acquired exclusive selling rights to all Meizu products in two major retail chains in Eastern China.
Meizu is a manufacturer of portable multimedia electronics in China, such as MP3 players. In recent years, it has developed the reputation for its innovative products, with a large and loyal following of buyers in China.
China 3C CEO Wang said, "We are very pleased with this opportunity to sell Meizu products. Meizu is a leader in portable multimedia devices, and China 3C is a leader in electronics retailing. We believe that agreements such as this show that our company is increasingly seen by electronics manufacturers as a reliable retail channel to use when selling products in China." The agreement is for one year and is renewable annually.
About China 3C China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.
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Utah Uranium Corp (OTCBB: UTUC)
Utah Uranium Completes First 10 Holes, Additional Drilling Being Permitted
MOAB, UT, Dec 06, 2007 Utah Uranium Corp. (the "Company") is pleased to announce the completion of the first 10 holes of the first phase of drilling operations on the Company's Pinto Project, located near Hanksville, UT.
Material collected from the drilling has been sent to ALS Chemex Lab in Elko, Nevada for analyses. Results are expected in the next few weeks. In addition, results from down-hole Gamma Ray/SP/SPR logging of the drill holes, performed by Jet West Geophysical Services LLC, are also expected shortly.
The exploration and drilling program is being funded 100% through the recently announced agreement with Consolidated Abaddon Resources Inc. (CA:ABN: news, chart, profile) (FRANKFURT: E2L) ("Abaddon") of Vancouver, B.C. Abaddon have an option to earn up to a 50% interest in the property by paying the Company $550,000, issuing the Company 550,000 shares of Abaddon, funding 100% of this $305,000 drilling program over the life of the agreement. By funding an additional $300,000 exploration and drilling program, Abaddon may earn up to an additional 10% interest in the project.
About the company Utah Uranium Corporation is a Moab, Utah based junior exploration and development company focused on the acquisition of past producing underground uranium mines, highly prospective new uranium projects and other conventional and non-conventional energy projects. All of the uranium projects acquired to date, in addition to those under review by the Company are within economic haul distances of the White Mesa Uranium Vanadium Mill in Blanding, Utah owned by Denison Mines.
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