Indy Diarytech Limited Com (TSXV:IND)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more Indy Diarytech Limited Com Charts. Click Here for more Indy Diarytech Limited Com Charts.](/p.php?pid=staticchart&s=TX%5EIND&p=8&t=15)
VANCOUVER, June 9, 2011 /CNW/ --
VANCOUVER, June 9, 2011 /CNW/ - IND DairyTech Limited ("IND" or "the
Company") (TSXV:IND) is pleased to announce that Dr. Dongdong Huang has
been appointed as a director of the Company.
About IND DairyTech Limited
IND, through its operating subsidiaries, is an emerging raw milk and
Holsteins producer in China that is seeking to become a leading
provider of high quality raw milk and Holsteins to the Chinese dairy
industry. To meet China's increasing demand for dairy products, the
Company is using Canadian cattle genetics and North American farming
practices to establish and develop its dairy herd in China.
The Company plans to develop its herd in China through the use of
advanced breeding techniques employing Canadian Holstein embryos that
it intends to use to impregnate surrogate cows. These embryos have been
created through in vitro fertilization using sexed semen to achieve an
approximate 90% female birth rate. The use of these advanced breeding
techniques is expected to allow the Company to rapidly expand its herd.
The use of Canadian Holstein embryos also provides a practical solution
to China's ban on the import of live Canadian cattle.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release.
FORWARD LOOKING INFORMATION
Certain information set out in this News Release constitutes forward-looking information, which may
include information relating to estimates of sales and revenue of IND.
Forward-looking statements (often, but not always, identified by the
use of words such as "expect", "may", "could", "anticipate" or "will"
and similar expressions) may describe expectations, opinions or
guidance that are not statements of fact and which may be based upon
information provided by third parties. Forward-looking statements are
based upon the opinions, expectations and estimates of management of
the Company as at the date the statements are made and are subject to a
variety of known and unknown risks and uncertainties and other factors
that could cause actual events or outcomes to differ materially from
those anticipated or implied by such forward-looking statements. In
light of the risks and uncertainties associated with forward-looking
statements, readers are cautioned not to place undue reliance upon
forward-looking information. Although the Company believes that the
expectations reflected in the forward-looking statements set out in
this press release or incorporated herein by reference are reasonable,
it can give no assurance that such expectations will prove to have been
correct. The forward-looking statements of the Company contained in
this press release, or incorporated herein by reference, are expressly
qualified, in their entirety, by this cautionary statement.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/June2011/09/c4677.html
table valign="top" border="0" tr valign="top" td align="left" Jesse Zhubr/ Chief Executive Officerbr/ IND DairyTech Limitedbr/ 604-522-1619 /td td align="left" /td td align="left" /td td align="left" /td td align="left" Selen Zhoubr/ Corporate Secretarybr/ IND DairyTech Limitedbr/ 604-522-1619 /td /tr /table