VANCOUVER, Aug. 9 /CNW/ - NAI Interactive Ltd. ("NAI") is pleased to announce the successful completion of the NAI China road show on June 26th 2010. The event took place for six days in Shanghai, Shenzhen, and Hong Kong, China. Participating at the road show were PMI Gold Corporation (TSXV:PMV, "PMI Gold") and South American Silver Corporation (TSX:SAC, "South American Silver"), with China Gold International Resources Limited (TSX:CGG, former Jinshan Gold Mines Inc.) and Hunter Dickinson in attendance. With the network and organization skill of NAI, the companies have gained many interested retail investors' contacts, branded themselves to the Chinese market, and met potential institutional and joint venture partners. Haywood Securities Inc., Fraser Milner Casgrain LLP, PricewaterhouseCoopers, and Edgemont Capital Markets joined to support facilitating the emerging interests.
PMI Gold, one of the presenters, has two gold deposits ready to move to production in 12 to 16 months on completion of financing. The 100% owned properties are located in gold-rich Ghana, West Africa. Chinese investors, now with the backing of the central bank of China, are being encouraged to develop gold deposits outside of China, and PMI Gold's projects generated considerable interest. Douglas MacQuarrie, President & CEO of PMI Gold, commented, "In China, there is an excess demand for both gold and gold equities which must be filled externally. We met several investment groups and one mainland China brokerage firm with over three million retail clients - a market which cannot be ignored by western gold developers and producers."
Greg Johnson, President & CEO of South American Silver stated, "the influence of Asian investor community has been and will continue accelerating the growth of North American listed resource companies. With the growing demand for precious metals and high-tech metals in Asia it is a natural fit for South America Silver to reach out to investors in China who understand this growth trend and wish to participate in this investment opportunity." South American Silver is advancing toward production on one of the world's largest undeveloped silver and indium resources. Noting that indium is a key high-tech metal with increasing demand and silver is an alternative investment option that correlates with gold, the company is ready to present another success story to the investors with the trust in the proven track record of the management team.
"We are very excited to bring the selective companies to meet with the quality investors in China during this trip. We will continue to expand our investor networks in China by adding more quality members to join our China team. China is definitely the future growth for us and we are well positioned to benefit from our market intelligence and retail investor outreach expertise," said Gilbert Chan, Vice President of NAI.
The next China road show will be along with the Global Chinese Financial Forum (GCFF) - Shanghai Conference 2010 in early December. Prior to that, the Toronto Conference will be held on October 15th and 16th, celebrating its 11 years of contribution in connecting North America and Greater China.
SOURCE NAI INTERACTIVE LTD.
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