SAN MATEO, Calif., June 13, 2011 (GLOBE NEWSWIRE) -- China Armco Metals, Inc. (NYSE Amex:CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a state-of-the-art scrap metal recycling facility in China, today announced that it will host its Annual Meeting in conjunction with a 10th year anniversary celebration and conference, including a special Merchant and Investor Forum and facility tour in Lianyungang City, China, July 8th - 9th, 2011.
Shareholders, partners, investors and industry analysts are invited to attend the 10th year anniversary celebration, featuring a one-day Lianyungang Merchant and Investor Forum to be held on July 8th, which will provide information for guests interested in trading and business opportunities in the city of Lianyungang. On July 9th, the Company will host an Investor Day, which will include its Annual Meeting led by Mr. Kexuan Yao, Chairman, and facility tour led by the CEO of China Armco along with other members of the executive management team.
The Merchant and Investor Forum and facility tour are open to the public. For more information and preliminary agenda, click on the following link: .
To register, please contact Ted Haberfield at +1-760-755-2716 or email thaberfield@hcinternational.net.
Please note: For the Annual Shareholder Meeting (to be held July 9th at 11:00 am), only shareholders registered in the register of members at the close of business on May 31st, 2011 can vote at this meeting or at any adjournment that may take place.
About China Armco Metals, Inc.
China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and is in the recycling business with the recent launch of operations of a metal recycling facility. China Armco maintains customers throughout China. Raw materials are acquired from a global group of suppliers located in diverse countries, including, but not limited to, Brazil, India, Indonesia, Ukraine and the United States. China Armco's product lines include ferrous and non-ferrous ore, iron ore, chrome ore, nickel ore, magnesium, copper ore, manganese ore and steel billet.
Safe Harbor Statement
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, China Armco Metals, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding our revenues and production related to our scrap metal recycling operations and the extent of government imposed energy restrictions and resulting blackouts and impact on our recycling operations.
In addition, any such statements are qualified in their entirety by reference to, and are accompanied by, the following key factors that have a direct bearing on our results of operations:
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the following, including, but not limited to, any expectations with respect to the Company's revenues and operations, institution of governmental regulations relating to our businesses and the international economic climate, and the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2010.
CONTACT: Investor Relations: HC International, Inc. Ted Haberfield, Executive VP Tel: +1-760-755-2716 Email: ir@armcometals.com Web: www.hcinternational.net Company: U.S. Contact: Oliver Hu China Armco Metals, Inc. Office: +1-650-212-7620 Email: oliver@armcometals.com Website: www.armcometals.com China Contact: Wayne Wu China Armco Metals, Inc. Office: 021-62375286 Email: wayne.wu@armcometals.com Website: www.armcometals.com
