20 May 2011quarterly activities report▼ Bad
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $1.9 million and a net loss of $1.6 million for the period ended 2011-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 May 2011quarterly activities report▼ Bad
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $1.9 million and a net loss of $1.6 million for the period ended 2011-03-31.
29 Apr 2011securities registration● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
29 Apr 2011material agreement● Neutral
The company signed an equity distribution agreement with Knight Capital Americas on April 28, 2011, letting it sell common stock from time to time through Knight for up to $29,999,974 gross, with a 3% commission. Neither side has to trade, so the actual amount raised, if any, is unknown, and any sales would dilute shareholders.
18 Apr 2011material agreement● Neutral
On April 12, 2011 Qianzhen Mining agreed to sell its 60% stake in Wulatehouqi Qingshan Nonferrous Metal Development (which owns the Qingxing No.2 copper mine) to Mao Huang for RMB 8.5 million (about US$1.3 million), paid by offsetting debt Qianzhen owes him. The filing states he is a related party, holding 5% of Xingzhen Mining, in which the company holds 90%. The amount offset is to be fixed in a later debt settlement agreement.
31 Mar 2011quarterly activities report▼ Bad
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $1.9 million and a net loss of $1.6 million for the period ended 2011-03-31.
19 Jan 2011material agreement● NeutralMajor
The company agreed to sell 2,836,883 shares at $7.05 each, with warrants for 851,066 more shares at $8.46, in a registered direct offering to institutional investors, for about $20 million gross (about $19 million net). Afterwards about 30.8 million shares will be outstanding before warrants. The company says $5 million is for the Xinyi acquisition and renovation, and none for repaying debt. It also agrees to a 90-day limit on new securities issues and a 12-month bar on variable-rate deals, so existing shareholders are diluted.
19 Jan 2011securities registration● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. filed a prospectus supplement for an offering off its existing shelf.
14 Jan 2011asset acquisition disposition▲ GoodMajor
On January 13, 2011 the company, through Xingzhen Mining, acquired 55% of Xinyi Fluorite Company in Jingde County, Anhui Province for RMB 65 million (about US$9.85 million), paid as RMB 50 million in company stock and RMB 15 million in cash. Two other investors take 15%, and Xingzhen and those investors will pay a further RMB 28 million into Xinyi, including RMB 20 million for renovating its mining facilities. Management's press release hopes for about 35,000 tons of fluorite powder in 2011 (those are management hopes, not results). This extends the fluorite business beyond the Inner Mongolia base.
6 Jan 2011securities registration● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
5 Jan 2011securities registration● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
28 Dec 2010director interest notice● Neutral
Lifeng Wang became a CHINA SHEN ZHOU MINING & RESOURCES, INC. Chief Financial Officer and company insider (initial ownership filing).
20 Dec 2010director interest notice● Neutral
Liancheng Li became a CHINA SHEN ZHOU MINING & RESOURCES, INC. director and company insider (initial ownership filing).
17 Dec 2010securities registration● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. registered a securities offering with the SEC using its shelf eligibility.
8 Dec 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. COO, President Helin Cui sold 53,800 shares.
18 Nov 2010quarterly activities report● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $3.6 million and net income of $515 thousand for the period ended 2010-09-30.
17 Nov 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. COO, President Helin Cui sold 80,000 shares.
12 Nov 2010quarterly activities report● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $3.6 million and net income of $515 thousand for the period ended 2010-09-30.
8 Nov 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. COO, President Helin Cui sold 70,000 shares.
8 Nov 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. director Xueming Xu sold 120,000 shares.
8 Nov 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. CEO, President Xiaojing Yu sold 100,000 shares.
8 Nov 2010substantial holder notice● Neutral
Xiaojing Yu, Xueming Xu reported a CHINA SHEN ZHOU MINING & RESOURCES, INC. shareholding of 15,167,000 shares (54.20% of votes) in a periodic institutional filing.
11 Aug 2010quarterly activities report▼ Bad
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $2.2 million and a net loss of $504 thousand for the period ended 2010-06-30.
10 Aug 2010quarterly activities report▼ Bad
CHINA SHEN ZHOU MINING & RESOURCES, INC. reported quarterly revenue of $2.2 million and a net loss of $504 thousand for the period ended 2010-06-30.
9 Mar 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. Vice President Ligang Wang gifted 7,900 shares.
26 Feb 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. Chief Financial Officer Jiusheng Zhang gifted 200,000 shares.
25 Feb 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. director Xueming Xu gifted 120,000 shares.
25 Feb 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. director Youming Yang gifted 10,000 shares.
25 Feb 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. Chief Executive Officer Xiaojing Yu gifted 250,000 shares.
25 Feb 2010director interest notice● Neutral
CHINA SHEN ZHOU MINING & RESOURCES, INC. Chief Operating Officer Helin Cui gifted 8,800 shares.