SHANDONG, China, Aug. 9,
2011 /PRNewswire-Asia-FirstCall/ -- Gulf Resources,
Inc. (Nasdaq: GURE) ("Gulf Resources" or the "Company"), a
leading manufacturer of bromine, crude salt and specialty chemical
products in China, today announced
that it will file Form 12b-25 with the Securities and Exchange
Commission on August 9, 2011 to
extend the filing of the Company's Form 10-Q for the quarter ended
June 30, 2011 for up to an additional
five calendar days.
The Company is filing for an extension due to delays in
compiling the required information for the preparation of the
financial statements. The extension grants the Company until
Monday, August 15, 2011 to file its
Form 10-Q. Complying with this deadline deems the Form 10-Q to be
timely filed.
About Gulf Resources, Inc.
Gulf Resources, Inc. operates through two wholly-owned
subsidiaries, Shouguang City Haoyuan Chemical Company Limited
("SCHC") and Shouguang Yuxin Chemical Industry Co., Limited
("SYCI"). The Company believes that it is one of the largest
producers of bromine in China.
Elemental Bromine is used to manufacture a wide variety of
compounds utilized in industry and agriculture. Through SYCI, the
Company manufactures chemical products utilized in a variety of
applications, including oil & gas field explorations and as
papermaking chemical agents. For more information about the
Company, please visit www.gulfresourcesinc.cn.
Forward-Looking Statements
Certain statements in this news release contain
forward-looking information about Gulf Resources and its
subsidiaries business and products within the meaning of Rule 175
under the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. The actual results may differ materially depending on
a number of risk factors including, but not limited to, the general
economic and business conditions in the PRC, future product
development and production capabilities, shipments to end
customers, market acceptance of new and existing products,
additional competition from existing and new competitors for
bromine and other oilfield and power production chemicals, changes
in technology, the ability to make future bromine asset purchases,
and various other factors beyond its control. All forward-looking
statements are expressly qualified in their entirety by this
Cautionary Statement and the risks factors detailed in the
Company's reports filed with the Securities and
Exchange Commission. Gulf Resources undertakes no duty to revise or
update any forward-looking statements to reflect events or
circumstances after the date of this release.
Contacts:
|
|
|
|
|
|
Gulf Resources, Inc.
|
CCG Investor Relations
Inc.
|
|
Helen Xu, Board
Secretary
|
Linda Salo, Account
Manager
|
|
Email: beishengrong@vip.163.com
|
Phone:
+1-646-922-0894
|
|
Website: https://www.gulfresourcesinc.cn
|
Email: linda.salo@ccgir.com
|
|
|
|
|
|
Crocker Coulson,
President
|
|
|
Phone:
+1-646-213-1915
|
|
|
Email: crocker.coulson@ccgir.com
|
|
|
Website: http://www.ccgirasia.com
|
|
|
|
SOURCE Gulf Resources, Inc.