An extensive reassessment of one of Sino-Sud's most recent acquisitions has resulted in a significant reduction of expected total yield for the property.

As it becomes increasingly unlikely that Sino-Sud Resources will list on the Hong Kong Stock Exchange; company management is pursuing other options for raising required capital for expansion.

After recent announcements of smaller than expected gold reserves at its newly leased properties, Sino-Sud Resources may now no longer meet the minimum criteria for listing on the Hong Kong Stock Exchange.

Following more disappointing results from numerous drill samples, Sino-Sud Resources announced an indefinite hold on preparations for the company's initial public offering.