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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2232)	12/24/2003 1:02:28 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China Broadband Corp. Announces Closing of Financing Raising US$2,000,000 CALGARY, Alberta--(BUSINESS WIRE)--Dec. 24, 2003--China Broadband Corp. (NASDAQ OTC/BB: CBBD), announced today the closing of a non-brokered private placement raising US$2,000,000. The proceeds of this financing will be used for working capital required for the identification, evaluation and negotiation of oil and gas opportunities. The Company intends to pursue the exploitation of oil and gas opportunities in the world's most prolific basins, in partnership with national Chinese oil corporations. Note: The information contained in this press release contains "forward looking statements" within the meaning of the U.S. Federal Securities Law. Such statements are based on the current expectations of the management of China Broadband Corp. only, and actual results may differ materially. For a more detailed discussion of risks and other factors related to China Broadband please refer to its 10-KSB and 10QSB reports filed with the U.S. Securities and Exchange Commission. CHINA BROADBAND CORP. Calgary, Alberta, Canada Beijing, People's Republic of China home.businesswire.com