GUANG NING, China, April 28, 2006 (PRIMEZONE) -- China Gold Corp. (Pink Sheets:CGDC) is a Nevada Corporation, engaged in gold and minerals exploration and development of gold and mineral properties in China. The company is pleased to announce today that the board of directors has approved a five-for-one forward stock split. The record date for the forward stock split is to be effective closing Friday, May 12, 2006. Stockholders of the record date will be entitled to four additional shares of common stock for each share of common stock held on that date.
ABOUT THE COMPANY
China Gold Corp. is a Nevada Corporation, engaged in gold and minerals exploration and development of gold and mineral properties in China. China Gold Corp. is dedicated to delivering growth to the shareholder by employing a disciplined business methodology through acquisitions and joint ventures. The Company seeks to acquire properties with the following development criteria: largely unexplored but highly prospective geological regions, ability to generate near-term revenue and cash flow, tremendous geological potential for world-class economic deposits.
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to price volatility of gold and other metals; currency fluctuations; political, operational, and governmental approval and regulation risks in China.