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CD International Enterprises Inc (EM) CDIIQ

Industrials Metals & Mining Industrial Distribution Copper Industrial Metals & Minerals
CD International Enterprises, Inc. sources and distributes industrial products in China and the Americas. It operates through two segments, Trading and Consulting. The Trading segment sources and distributes various industrial commodities, such as iron ore, copper concentrate, and other minerals; and cannabidiol-related products. The Consulting segment provides business and management consulting services to public and private American and Chinese companies that operate primarily in China and the Americas. It offers its consulting services in the areas of general business consulting, Chinese regulatory advice, translation services, formation of entities in the People’s Republic of China, coordination of professional resources, mergers and acquisitions, strategic alliances and partnerships, advice on effective means of accessing U.S. capital markets, coordination of Sarbanes-Oxley compliance, and corporate asset evaluations. This segment also identifies potential areas of growth; mana...


EXPM:CDIIQ - Post by User

CD International Enterprises Inc (EM)
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  • qualitystocks.netX
Post by qualitystocks.neton May 24, 2017 6:33pm
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Post# 26280008

QualityStocksNewsBreaks – CD International Enterprises, Inc.

QualityStocksNewsBreaks – CD International Enterprises, Inc.
QualityStocksNewsBreaks – CD International Enterprises, Inc. (CDII) Enters Full Corporate Offer to Purchase 1.2 Million Tons of Bauxite
 
CD International Enterprises, Inc. (OTC: CDII), a U.S.-based company that sources industrial commodities and provides business and management corporate consulting services, this morning announced its entry into a full corporate offer with a Dominican Republic-based company for the monthly purchase of 100,000 tons of metallurgical-grade bauxite. Per the terms of the offer, CDII will be required to purchase 100,000 metric tons of bauxite per month for an initial period of 12 months, equating to a total shipment of 1.2 million metric tons. This contract is valued at approximately $37 million based on current FOB prices at Cabo Rojo, Dominican Republic. “We are pleased to enter into this agreement on the heels of signing a separate offer to purchase copper cathodes, valued at approximately $330 million,” Dr. James Wang, chairman and CEO of CDII, stated in the news release. “As part of sourcing a variety of industrial commodities for our clients in China, we are advancing our newly established business model and leveraging our existing connections in China. Upon a successful delivery of bauxite to our clients in China, we believe we will enter a new level of business.”
 
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