OAKLAND, Calif., Dec. 29, 2015 /PRNewswire/ -- On December 15, Oro East Mining, Inc. (OROE) (the "Company") sponsored and hosted the Guizhou and California Business Exchange Summit at its offices in Oakland. The Company hosted Ms. Xiang Hong Qiong, the Governor of the People's Government of Qiannan Prefecture from the People's Republic of China, Ms. Sang Li, the Director of Finance from the Qiannan Prefecture, Ms. Zhang Rong, the Director of Investment Promotion Bureau of Qiannan, Mr. Li Youjun, the County Magistrate of Changshun County, Mr. Pan Shi Jin, the County Magistrate of Sandu County, and Mayor David Haubert of the City of Dublin, California.
The China officials discussed opening business relations between their respective prefectures and counties with American companies like Oro East Mining. Investors and prospective investors were also invited to attend the summit. Members of the media, from Fenghuang Televion, Kio Daily, and the U.S. China Press, among others partook in commemorating the momentous occasion.
Guizhou Province boasts a wealth of natural minerals and great potential for business development, particularly mining exploration. Talks and negotiations for commercial ventures have commenced between the Company and business and government representatives of Guizhou.
To learn more about Oro East Mining, Inc., please visit the company website at http://www.oroeast.com.
Disclaimer: This press release contains forward-looking statements that may involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "plan," "target," "anticipate," "believe," "estimate," "intend," "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Oro East's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Oro East on the date of the release, and Oro East assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The company's actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company's 8-K or 10-K filed with the U.S. Securities Exchange Commission.
SOURCE Oro East Mining Inc.