Company Enhances Management team and Clarifies Corporate Relationships
China Dongsheng International Inc. (OTC Markets: CDSG) announced key management changes and clarified its financial relationships. The company has no ties to Chinese financial institutions or nationals, reinforcing its status as a U.S.-based Delaware corporation. CDSG has applied for a name change to Titan Lithium Inc. to eliminate ownership confusion. Michael Noonan has been appointed Vice President of Finance, bringing extensive corporate governance experience, while Norm Shunda becomes Head of Logistics, leveraging his decade-long experience in construction. The company operates through its subsidiary Titan Lithium, focusing on lithium exploration and development.
- Appointment of Michael Noonan as VP of Finance enhances corporate governance and strategic planning.
- Norm Shunda appointed as Head of Logistics adds valuable negotiation and service transaction skills.
- Company has no financial ties to Chinese institutions, potentially increasing investor confidence.
- Name change to Titan Lithium Inc. aims to alleviate confusion regarding ownership.
- None.
Las Vegas, NV., Feb. 15, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) is pleased to announce it is strengthening our management team and is addressing shareholder inquiries regarding corporate business relationships.
The management of China Dongsheng International Inc, would like to report the company has no financial ties to either Chinese financial institutions or Chinese nationals. The company is a U.S based Delaware Corporation and has recently applied for a name change to Titan Lithium Inc which should assist in relieving confusion regarding the proprietorship and direction of business.
Michael Noonan, JD, MBA has been appointed Vice President of Finance. Michael’s strengths include corporate governance, corporate finance, initial public offerings, strategic planning and analysis. He has worked in many jurisdictions including the United States, Canada, European Union, as well as several countries in the Middle East and Asia. Michael also serves on several public company boards. Michael holds a BBA in Business Administration and Economics, a Masters of Business Administration and an Executive JD from Concord Law School at Purdue University Global.
Norm Shunda has been appointed as Head of Logistics and Infrastructure development. Mr. Shunda is presently owner of Weekes Construction Group having grown the business continually over the last ten years. Norm is highly skilled in negotiations, sales and providing exceptional service transactions.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman
Sanghaharp1964@gmail.com
1-702-595-2247
titanlithiuminc.com
Company Disclaimers: As a "penny stock" Company, within the meaning of federal and state securities law, China Dongsheng International Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, CDSG provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.
FAQ
What are the recent management changes at China Dongsheng International (CDSG)?
Why is China Dongsheng International changing its name to Titan Lithium Inc.?
Does China Dongsheng International (CDSG) have ties to Chinese financial institutions?
What is the focus of China Dongsheng International's subsidiary, Titan Lithium?
