L&L Energy's Mine Selected as Model by County Government
SEATTLE, June 11, 2012 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: LLEN) ("L&L" or "the Company"), a U.S. company with a five-year track record of profitable businesses, showcased its Weishe Mine in HeZhang County, Guizhou Province, following designation by the HeZhang County Government as a model mine, further confirming the Company's mining operation and strategy as mining consolidator.
The official tour, on June 5, 2012, was led by county officials including the County Secretary, Huang Guangjiang, and L&L's Allen Liu. Over 170 visitors, including 30 mine operators, spent time visiting L&L's model operations, which drew the Secretary's praise in terms of Weishe's advanced mining techniques, commitment to safety and technology.
By way of background, prior to Weishe's acquisition, Dr. Syd Peng, L&L's Director and former Chairman of the Department of Mining Engineering at West Virginia University performed due diligence and thereafter assisted in supervising parts of its construction. The Company aims to repeat the successes with its leadership.
"Weishe Mine being recognized by the government confirms L&L's position as a leader in efficient and safe mining operations," stated Dickson Lee, Chairman & CEO of L&L. "This endorsement further strengthens our reputation in the region and will prove beneficial as we continue to pursue opportunities to consolidate mines in Guizhou Province."
Photos of the visit and the Weishe Mine are available on L&L's website.
About L&L Energy, Inc.
L&L was incorporated in 1995 by the Company's Chairman and CEO. The Company has grown from a single employee to more than a thousand over the past 17 years. L&L has entered an expansion phase, seeking to consolidate mines in China and expand its sphere of business operations. Using its U.S.-style quality assurance processes, the Company is upgrading its mining portfolio and expanding its distribution network for strategic revenue growth.
Forward Looking Statements
The statements containing words that are not historical fact, including statements related to Company's future performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and that involve a number uncertainties. Actual results of the future events described in this document could differ materially. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
L&L Energy, Inc.
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