I am posting this because these guys do stainless steel
for China
Terra Nostra Resources Corporation Retains National Public Relations Firm
LOS ANGELES, March 15 /PRNewswire-FirstCall/ -- Terra Nostra Resources
Corporation (OTC Bulletin Board: TNRO) today announced that it has retained
Martin E. Janis & Company, Inc., a national public relations firm, to carry
out a fully-integrated public relations and investor relations program.
Martin E. Janis & Company, Inc., founded in 1950, provides its services
to public as well as private corporations, trade associations, educational
and other institutions as well as government and political entities and
individuals. Throughout its history, the agency has been at the forefront
of major disruptive technologies and products, such as the first microwave
ovens, the introduction of the first condominium and the initial uses of
lasers for correction of nearsightedness, among others. In addition, the
firm has built a solid reputation among investors who look for companies
where the potential for growth may not yet be widely recognized.
"We believe that Terra Nostra has a tremendous story to tell at this
time," said Martin E. Janis, chairman of the firm. "China's economic growth
today is similar in nature to the tremendous industrial growth that the
United States experienced in the last century. Terra Nostra's focus on
strategic metals, including stainless steel and cooper, as China develops
its infrastructure, is something that we believe will be of great interest
and we look forward to working with the company as we convey this
information to the investment community."
About Terra Nostra Resources Corporation
Terra Nostra is one of the leading copper producers in China through
its 51% interest in Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd.,
which has an existing and under construction production capacity of 170,000
MT of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added
copper rod and wire facilities. Terra Nostra is also emerging as a leading
stainless steel producer in China through its 51% interest in Shandong
Quanxin Stainless Steel Co. Ltd., a modern stainless steel production
facility that commenced operations in early 2006 with a now expanded
230,000 MT casting mill, and a recently commissioned 150,000 MT rolling
mill. The two joint venture companies, with total assets exceeding US$ 200
million and having over 800 employees, are located in the highly
industrialized coastal province of Shandong, midway between Beijing and
Shanghai. More information on Terra Nostra can be found at
tnr-corp.com.
Forward Looking Statements
Except for the historical information contained herein, the matters set
forth in this press release, including statements with respect to
expectations concerning (i) projects underway or under consideration,
including production capacity and completion schedules; (ii) business and
future potential of Terra Nostra Resources Corporation ("TNR"); (iii)
estimates or implications of future earnings, profits, EBIDTA, and the
sensitivity of earnings to metals prices; (iv) estimates of future metals
production, sales and profitability; (v) estimates of future cash flows,
and the sensitivity of cash flows to the other metals and ore costs as well
as, but not limited to, fluctuations in fuel prices, scrap prices, and the
availability of both, are all forward- looking statements within the
meaning of the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Further risks, uncertainties and other
factors, which affect the forward-looking statements included herein, and
could cause actual results to differ materially from future results
expressed, projected or implied by such forward-looking statements include,
but are not limited to, completion of TNR's capital contributions to the
joint venture companies, working capital financing, metals price
volatility, competition for projects, reserve acquisition costs, currency
fluctuations, international economic uncertainty, sovereign risk, force
majeure, changes in tax law or concession law, project scheduling delays,
labor disputes, increased production costs and variances in ore grade,
scrap grade or recovery rates from those assumed in production plans,
political and operational risks in the countries in which TNR may operate
and governmental regulation and judicial outcomes, and other risks detailed
from time to time in TNR's filings with the Securities and Exchange
Commission, including its Quarterly Report on Form 10-Q for the quarter
ended November, 2006. Copies of each filing may be obtained from TNR or the
SEC. Furthermore, metals operation, by their very nature, entail cyclical,
sectoral, and commodity risk and could expose an investor to the entire
loss of all capital invested. TNR does not undertake any obligation to
publicly release any revisions to any forward-looking statements to reflect
events or circumstances after the date of this release or to reflect the
occurrence of unanticipated events, except as may be required under
applicable securities laws.
SOURCE Terra Nostra Resources Corporation
prnewswire.com |
