ADAMANT DRI PROCESSING AND MINERALS GROUP (OTCMKTS:ADMG) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On April 27, 2017 Adamant DRI Processing and Minerals Group, a
producer and supplier of direct reduced iron (DRI) feedstock for
Chinas steel manufacturing and processing industries, issued a
press release announcing the restart of production and initial
sales following a 2-year production modernization period. A copy
of the press release is filed as Exhibit 99.1.
The information in Exhibit 99.1 shall not be deemed as filed for
purposes of Section18 of the Exchange Act, or otherwise subject
to the liability of such Section, nor shall it be deemed
incorporated by reference in any filing by us under the
Securities Act or the Exchange Act, regardless of any general
incorporation language in such filing, unless expressly
incorporated by specific reference in such filing.
Item9.01Financial Statements and Exhibits.
Text of press release issued on April 27, 2017 by Adamant DRI
Processing and Minerals Group.
About ADAMANT DRI PROCESSING AND MINERALS GROUP (OTCMKTS:ADMG)
Adamant DRI Processing and Minerals Group is engaged in iron ore processing and the production of iron ore concentrate in the People’s Republic of China through its variable interest entity, Zhuolu Jinxin Mining Co., Ltd. (China Jinxin), which intends to produces Direct Reduced Iron (DRI) using reduction rotary kiln technology with iron sand as the principal raw material and through the production of DRI by its subsidiary, Haixing Huaxin Mining Industry Co., Ltd. (China Huaxin), which is engaged in iron ore processing and the production of iron ore concentrate. China Jinxin has an iron ore concentrate production line with an annual capacity of approximately 300,000 tons. It has two facilities: first facility is an iron ore processing facility in Zhuolu County, Zhangjiakou City, Hebei Province, China and second facility is a DRI production facility in Haixing County, Hebei Province. It produces iron ore concentrate from iron ore extracted from the state-owned Zhuolu Mine. ADAMANT DRI PROCESSING AND MINERALS GROUP (OTCMKTS:ADMG) Recent Trading Information
ADAMANT DRI PROCESSING AND MINERALS GROUP (OTCMKTS:ADMG) closed its last trading session 00.000 at 0.275 with 1,000 shares trading hands.