TAIYUAN, Shanxi, China, Oct. 29 /Xinhua-PRNewswire/ -- Puda Coal, Inc. (OTC Bulletin Board: PUDC) ("Puda Coal" or the "Company"), a supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced that the Company will present at the upcoming Rodman & Renshaw Annual Global Investment Conference to be held on November 10-12 at the New York Palace Hotel in New York City. The Company will also conduct a non-deal roadshow in the U.S. during the week of the conference.
The Rodman & Renshaw Annual Global Investment Conference is a three-day event which features innovative growth companies, investors and other firms in life sciences, energy, natural resources and other sectors as well as companies based in emerging markets. So far, more than 400 companies have registered to attend the conference. Schedule of Puda Coal's presentation is as follows:
Date: Tuesday, November 11th, 2008
Time: 11:35 a.m. Eastern Time
Venue: Henry Salon, 5th Floor
New York Palace Hotel
455 Madison Avenue, NY 10022
During the conference, the Company will be available for one-on-one meetings. For more information about the conference, please visit http://www.rodmanandrenshaw.com/conferences .
To complement its participation at the conference, Puda Coal is also scheduled to launch a non-deal roadshow in the U.S. from November 10-14. Ms. Laby Wu, Puda Coal's Chief Financial Officer and Mr. Wenwei Tian, Puda Coal's COO and Director of Investor Relations will meet with securities analysts and investors in New York, Chicago and Dallas.
"We are excited to participate in the upcoming conference and conduct a non-deal roadshow in the U.S.," commented Mr. Zhu, President and CEO of Puda Coal. "This is a unique opportunity for our new management to present Puda Coal's story to meet the investment community and provide an update on our business plan and growth strategy. We value effective communication, especially during the current turbulent market conditions."
The non-deal roadshow is being hosted by CCG Investor Relations. A copy of the presentation to be used for the conference and the roadshow will be posted on the Company's website at http://pudacoalinc.com on or before November 18, 2008.
About Puda Coal, Inc.
Puda Coal, through its subsidiaries, supplies premium grade coking coal to the steel making industry in China for use in making coke. The company currently possesses 3.5 million metric tons of annual coking coal cleaning capacity. Shanxi Province provides 20 - 25% of China's coal output and supplies nearly 50% of China's coke. For more information, visit http://www.pudacoalinc.com .
This press release and the Company's presentation during the conference and the non-deal roadshow are not and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future anticipated financial performance, involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. There are risks and uncertainties relating to the general financial condition, the pace of future developments and changes in our business and industry. For example, the schedules of our conference presentation and non-deal roadshow are subject to possible changes by the conference sponsor, investors, and our management team to accommodate their travel schedule if necessary. We do not intend to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
