Eastern Field International Ltd. IPO Set For Early 2014


Posted December 2, 2013 by Maiweikuan

Eastern Field International Ltd. continues preparations for its initial public offering (IPO) to raise funds for the significant expansion of the company's operational ability to supply rare earth metals and elements to manufacturing firms worldwide.

 
Capital raised from the IPO will allow the company to expand and retool the physical plants in order to meet all present and future delivery commitments. Demand for Eastern Field International Ltd. products has now exceeded the company’s output capacity. Orders are now being met on a provisional basis, with long term contracts being fulfilled first.

With global demand increasing every month, and the number of worldwide suppliers diminishing, Eastern Field International Ltd. is well positioned to become the leading global supplier of its products. Rare earth products are used extensively in high tech and clean energy manufacturing.

Eastern Field International Ltd. is a company focused on rare earth elements exploration by way of identification and discovery of new rare earths sources and opportunities that can provide long term supply and with the potential for full development of world-class facilities for separation and delivery. The Company has several rare earth projects in multiple locations, the operations of which are enhanced by close relationships with a number of top tier companies in the industry who have the capability of separating the full spectrum of rare earth elements.

This announcement may contain forward-looking statements, as defined by securities laws, including statements regarding financial outlooks and market environments. Any such statements are based on present expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this news release, that could cause real results to differ materially are set forth in the company’s annual report and subsequent statutory filings. They include risks and uncertainties relating to the pace at which the company adds manufacturing capacity and new capital sources, the value of global and regional financial markets, and the dynamics of the markets the company serves.

Eastern Field International Ltd. encourages investors to consult with an investment professional and review filings in conjunction with this publication and prior to making any investment decisions. The forward-looking statements contained in this announcement speak only as of the date of its release; the company does not undertake to revise these forward-looking statements to reflect events after the date of this release.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Mai Wei Kuan
Phone 862029101912
Business Address Level 10, Skyframe Tower
8 Linhe Zhong Road, Tainhe District, Guangzho City
Country China
Categories Business , Technology
Tags Easternfield , Rare , Earth , processing , technology
Last Updated December 2, 2013