Sino Resources Group Limited (SEHK:223) is in discussions for possible acquisition. Sino Resources refers to the announcement made on June 27, 2013, relating to the possible acquisition. Sino Resources says the PRC legal adviser has completed a preliminary assessment concerning the possible acquisition in respect of PRC laws and regulations.

Sino Resources has discussed with the vendors with regard to the results of the preliminary assessment and is pending response from the vendors. Sino Resources and the vendors are having on-going and preliminary negotiation on the possible acquisition and no formal or legally binding agreement has been entered into among the parties.