22 April 2014
GREEN DRAGON GAS LTD
("Green Dragon" or "the Company")
Management Road Show
Green Dragon Gas Ltd (AIM: GDG), one of the largest independent companies involved in the production and sale of CBM gas in China, is pleased to announce that it has commenced a non-deal road show in Europe, the United States and Asia, including Australia. The purpose is to further the understanding of the latest press releases from the Company. Green Dragon will not issue any new equity or equity derivatives in this road show. The Company is of the view that debt in the form of a bond, a reserve based loan or term royalty interest are the ideal options for further capital raises to fund its discretionary capital expenditures following the recently announced co operation initiatives with CNOOC and CUCBM and the binding agreement with Petrochina.
For further information on the Company and its activities, please refer to the website at www.greendragongas.com or contact:
Stephen Hill, VP Corporate Communications Green Dragon Gas
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+852 3710 0108 |
Dr Azhic Basirov / David Jones Smith & Williamson - Nominated Adviser & Broker
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+44 20 7131 4000 |
Steve Baldwin / Nicholas Harland Macquarie Capital (Europe) Limited - Broker
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+44 20 3037 2000 |
Richard Crichton / Andy Crossley Peel Hunt - Broker
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+44 20 7418 8900 |
James Henderson / Phillip Dennis Pelham Bell Pottinger - Investor Relations |
+44 20 7861 3232 |