Business
Kading Companies Announces the Signing of an Acquisition Agreement between Kading Companies and System Cement Group, Inc.
Kading Companies Announces the Signing of an Acquisition Agreement between Kading Companies and System Cement Group, Inc..
About this update from Business Warrior Corporation
[{"type":"text","content":"\n \n Kading Companies, S.A. (OTC:KDNG), announces the signing of an \n acquisition agreement to acquire 70% of a profitable cement manufacturer \n - System Cement Group, which owns 100% of SCG - Ukraine, LLC located in \n Vinnitsa, Ukraine\n \n \n Kevin Kading, the President, commenting on the Agreement, stated that \n “this is another major step in creating a global mining conglomerate. I \n believe that the situation between the Ukraine and Russia has created a \n very significant opportunity for this company and Kading Companies and \n the company has the opportunity to grow significantly, well into the \n future.” Mr. Oleg Dianov, President of System Cement Group, stated, “The \n acquisition by Kading Companies will allow us to scale our business more \n quickly and achieve our broader vision for our project more effectively. \n This acquisition may add scale and credibility to our business that will \n allow us to thrive.”\n \n \n Kading Companies next objective will be to produce consolidated audited \n financial statements, allowing Kading to uplift its trading status in \n the OTCMarkets. Kading Companies is focused on mining operations that \n are producing or can be producing within six months of acquisition. \n Kading is focused on a global basis, with its initial emphasis in South \n America, West Africa and now the Ukraine. Kevin Kading, President of \n Kading Companies said “I am very excited about the opportunities that we \n are being presented with and I am highly confident we will create \n significant value for our shareholders, investors, miners and the local \n communities.”\n \n \n Wakabayashi Fund facilitated the agreement between the entities.\n \n \n This news release includes certain forward-looking statements concerning \n the future performance of Kading Companies, S.A and SCG-Ukraine, LLC’s \n business, its operations and its financial performance and condition, as \n well as management's objectives, strategies, beliefs and intentions. The \n Company does not intend, and does not assume any obligation, to update \n these forward-looking statements. Forward-looking statements are \n frequently identified by such words as \"may\", \"plan\", \"expect\", \n \"anticipate\", \"estimate\", \"intend\" and similar words referring to future \n events and results. Thes...