Aug. 31, 2013
/PRNewswire/ -- Ironridge Global Partners, LLC, an institutional investor making direct equity investments in micro-cap public companies, today announced that it has launched a
initiative to fund Chinese public companies, including companies based in
whose stock is publicly traded on NASDAQ, NYSE MKT, OTCQX or OTCQB, as well as U.S. public companies with Chinese facilities, operations or customers.
Ironridge Global closed a
financing for L&L Energy, Inc., an American company whose stock is traded on the NASDAQ Global Select Market, in the business of producing, processing and selling coal in
the People's Republic of China
. As part of the deal, Ironridge paid ¥25 Million RMB to Guizhou Qian Hong Mineral Resource Consulting Services Co., Ltd in
, for the purchase of coal.
Ironridge Global Partners paid
to three Chinese product suppliers of Green Innovations Ltd., whose stock trades on OTCQB, including HongKong DNF Industrial Co., LTD. for the purchase of paper products.
Ironridge Global has also paid over
to Sino Agro Food, Inc., an organic agriculture and aquaculture company whose stock is traded in the U.S. markets and is headquartered in
Guangzhou, the People's Republic of China
, and its Chinese creditors.
is the world's second largest economy, and has been among the world's fastest growing economies for three decades," commented
John C. Kirkland
, Managing Director of Ironridge Global Partners, LLC. "As credit availability in
contracts, we view the market as a tremendous investment opportunity, especially in the small-cap and micro-cap sectors, and we are aggressively seeking additional Chinese investments."
About Ironridge Global Partners