The information provided here has been obtained from publicly available sources as well as directly from issuers in some cases.Asian Star Begins Active Ore Extraction at XinQiao Mine
OTC Market Tier Pink Sheets No Information
Primary SIC — Industry Classification 1090 - Miscellaneous Metal Ores
Business Stage Development Stage Company
State Of Incorporation NV
Jurisdiction Of Incorporation United States
Year Of Incorporation 1997
Company Officers Rocky Lock Kee Poon, Dir.
Paul Yuk Lun Tong, Dir.
Conway Chow, Dir., Treasurer, CFO
Albert Poon, Dir.
Stephen Chow, President, Dir.
Paul Ting Ball Lam, Secretary, Dir.
Number of Employees 2 as of Jul 26, 2007
SEC Reporting Status SEC Reporting Company
Fiscal Year End 12/31
Estimated Market Cap $1,889,841 as of Oct 24, 2008
Outstanding Shares 23,623,008 as of Jul 6, 2007
Authorized Shares 1,000,000,000 as of Jul 26, 2007
Float 8,623,008 as of Jul 26, 2007
Current Capital Change shs decreased by 1 for 2 split
Pay Date: Jan 11, 2002
Transfer Agent Transfer Online
317 SW Alder Street
Portland, OR 97204
Auditor/Accountant Patrick K.C. Lee
Room 1505B, 15th Floor
250 King's Road
North Point, HGK undefined
Legal Counsel Michael J. Morrison, Esq.
1495 Ridgeview Drive
Reno, NV 89519
Oct 24, 2007
Pink OTC Markets News Service
Hong Kong, China — Hong Kong, February 26, 2007 - Asian Star Development, Inc. (ASDV), with its principal offices in Hong Kong, is pleased to announce that it has begun active extraction of ores from the XinQiao mine site.
Mr. Stephen Chow, President of ASDV, stated: "After an extended period of challenges, we are pleased to announce that Asian Star has finally obtained complete legal and full operational control of the XinQiao Mine. With the support of local and regional governments, we have begun ore extraction activities at the XinQiao Mine site. With preliminary strong gold ore forecasts at these sites, and based on past explorations and gold-bearing ore extractions in the area, we are optimistic and expect that Asian Star is well positioned for growth."
The XinQiao Mine, is located approximately 40 kilometres to the west of Nanshao County in Henan Province, China. The XinQiao Mine covers a total area of 19.36 square kilometers and is situated in one of the most historically prolific gold producing regions of China.
The Company has obtained all necessary government permits required for mine exploration and ore extraction activities.
To receive further corporate information, contact :
Hong Kong : Stephen Chow, President, Asian Star Development, Inc.
011-852-27210936 or email : firstname.lastname@example.org
The above statements in regard to Asian Star Development Inc., Atlantic Mining Limited and Henan Nanshao Gold Development Limited which are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Asian Star Development, Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could case actual results to differ materially include risks and uncertainties such as technological, legislative, corporate and marketplace changes.