Sunrise Consulting Group Inc. Nears Completion of Purchase of Chinese Iron Mines
02 Juli 2008 - 4:59PM
Business Wire
Sunrise Consulting Group Inc. (Pink�Sheets:SNRS) announced today
that they have completed their due diligence and are making final
preparations to acquire the Cao Tin Iron Ore Mines in Hunan
Province, China. The process had been delayed for several months
due to heavy snow storms in February, which resulted in many
landslides caused by the melting of snow in the mountainous areas.
Sunrise CEO Raymond Chin commented, �We are very excited to have
now completed this final phase of fact-finding and anticipate final
completion of the agreement to occur very soon. Worldwide prices of
iron ore have increased more than 100% since December 2007, and we
are well-positioned to capitalize on this situation. We look
forward to a long lasting profitable return from these mines and
see a bright future ahead of us at Sunrise.� ABOUT SUNRISE
CONSULTING GROUP, INC. www.sunriseconsultinggroup.net Sunrise�s
mission is to become a premier investment banking and financial
group for companies in Asia�and the Pacific Rim, bringing value to
small and medium sized companies and assisting them in
becoming�listed on the USA Exchanges.�The company's primary target
areas include China, Hong Kong, Laos, Vietnam, Malaysia, Australia
and�possibly others in the Pacific Rim & Southeast Asia, with
mainland China being the initial major focal point. Recent growth
in these countries has been in the high double digits, and Sunrise
intends to capitalize on this trend by building upon and adding to
its current holdings, increasing sales revenues�through upcoming
acquisitions, including the�Cao Tian Iron�Ore Mines in Hunan
Province, and continually expanding its�portfolio into related
areas. For more information call 949-258-4411 or email
SunriseConsultingGroup@gmail.com. Safe Harbor Statement: This
release contains forward-looking statements with respect to the
results of operations and business of Sunrise Consulting Group,
Inc., which involves risks and uncertainties. The Company's actual
future results could materially differ from those discussed. The
Company intends that such statements about the Company's future
expectations, including future revenues and earnings, and all other
forward-looking statements be subject to the "Safe Harbors"
provision of the Private Securities Litigation Reform Act of 1995.
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