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Xinduo Yu-News Release

ID: 1129347

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/29/12 -- On June 29, 2012, Xinduo Yu (the "Offeror"), in a private sale, transferred 15,000,000 common shares of Yalian Steel Corporation ("Yalian") to two third party individuals (the "Transfer"). Prior to the Transfer, the Offeror held 29,397,000 common shares representing 30.1% of the issued and outstanding common shares of Yalian. As a result of the Transfer, the Offeror now holds 14,397,000 common shares of Yalian, representing 14.7% of the issued and outstanding common shares of Yalian.

The Offeror sold the 15,000,000 common shares of Yalian in a private sale and not on a stock exchange or other market.

The Offeror sold the 15,000,000 common shares of Yalian for investment purposes only and may increase or decrease his ownership position in the future.



Contacts:
Xinduo Yu
306 Russell Hill Road
Toronto, Ontario M4V 2T6




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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 29.06.2012 - 14:04 Uhr
Sprache: Deutsch
News-ID 1129347
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VANCOUVER, BRITISH COLUMBIA


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