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Tracking 1053 U.S. listed China Stocks and Counting...

Tracking 1535 U.S. Stocks and Counting...

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Us China Mining Group (OTC BB:SGZH)

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All Research Comments & Business Outlook Corporate Governance Deal Flow GeoBargain Notes Liquidity Requirements

Tuesday, January 18, 2011

On January 14, 2011, U.S. China Mining Group, Inc. amended that certain Employment Agreement, dated August 15, 2008, by and between the Company and Hongwen Li, the Company’s President and Chief Executive Officer, to increase Mr. Li’s base salary from $100,000 per year to $200,000 per year effective as of January 1, 2011. No other changes were made to the Employment Agreement.

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