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Arabian American Development Co

Publié le 15 janvier 2009

Announces Business Update Call

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Mots clés associés :   Copper | Zinc |

Press Release

Source: Arabian American Development Co.

Arabian American Development Announces Business Update Call
Thursday January 15, 10:29 am ET

CEO, Hatem El-Khalidi to Provide Mining Update

DALLAS, Jan. 15 /PRNewswire-FirstCall/ -- Arabian American Development Co. (Nasdaq: ARSD - News) today announced that they will host a business update call to discuss current trends in the business, the closing of all positions related to its derivative program and an update on their mining joint venture (AMAK). CEO, Hatem El-Khalidi will join Nick Carter, Executive Vice President and Chief Operating Officer to provide the mining update.

A conference call and live web cast will take place at 11:00 a.m. Eastern Time, on Thursday, January 22, 2009. Anyone interested in participating should call 800-762-8795 if calling within the United States or 480-629-9041 if calling internationally. There will be a playback available until January 29, 2009. To listen to the playback, please call 800-406-7325 if calling within the United States or 303-590-3030 if calling internationally. Please use pin number 3964837 for the replay.

A link to a simultaneous webcast of the teleconference will be available at www.arabianamericandev.com through Windows Media Player or RealPlayer. A replay of the call will also be available through the same link.

About Arabian American Development Company (ARSD):

Arabian American owns and operates a petrochemical facility located in southeast Texas just north of Beaumont, specializing in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and is now a 50% owner of a joint venture in a mining project in the Al-Masane area of Saudi Arabia which is under construction and is scheduled to be in production in late 2010. The mine will produce economic quantities of zinc, copper, gold, and silver.

Safe Harbor

Statements in this release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon management's belief as well as assumptions made by and information currently available to management. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Arabian American's filings with the Securities and Exchange Commission, including Arabian American's annual Report on Form 10-K for the year ended December 31, 2007 and the Company's subsequent Quarterly Report Forms 10-Q.

    Company Contact:   Nick Carter, Executive Vice President and Chief
                       Operating Officer
                       (409) 385-8300
                       ncarter@southhamptonr.com
 
    Investor Contact:  Cameron Donahue
                       Hayden IR
                       (651) 653-1854
                       Cameron@haydenir.com

 

###

 

Jennifer Heady

Hayden IR

 

P:  843-399-7576

jennifer@haydenir.com

www.haydenir.com

 

Hayden IR (HIR) is an investor relations firm. Information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete. This material is not an offer to sell or a solicitation of an offer to buy any securities. Common stocks carry a high degree of risk ? it is possible to lose some or all of your total investment. HIR and its affiliates, officers, directors, subsidiaries and agents have been compensated by its clients to perform shareholder and investor relation services. Each contract varies in duration, services performed and compensation received. This information is not an endorsement of the Company by HIR. HIR is not responsible for any claims made by the Company. You should independently investigate and fully understand all risks before investing. Statements included in this email or fax may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, contracts, business relationships, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results can be found in the Company's Registration Statement and in its Reports on Forms 10-K and 10Q filed with the Securities and Exchange Commission (SEC).  Please visit our website at www.haydenir.com for more information.

 

Please review our disclaimer at http://www.haydenir.com/index.php?static/email_disclaimer

 

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Arabian American Development Co

CODE : ARSD
ISIN : US0384651008
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Arabian American Development est une société d’exploration minière basée aux Etats-Unis D'Amerique.

Arabian American Development est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 268,5 millions US$ (198,2 millions €).

La valeur de son action a atteint son plus bas niveau récent le 12 décembre 2008 à 0,41 US$, et son plus haut niveau récent le 17 juin 2014 à 11,01 US$.

Arabian American Development possède 24 387 625 actions en circulation.

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Nominations de Arabian American Development Co
02/06/2011Joseph P. Palm Elected to Arabian American Development Board...
Rapports Financiers de Arabian American Development Co
09/03/2012Announces Fourth Quarter and Full Year 2011 Financial Result...
05/08/2011Announces Second Quarter 2011 Financial Results
06/05/2011Announces First Quarter 2011 Financial Results
04/03/20102009 Fourth Quarter and Year End Financial Results on March ...
29/10/20092009 Third Quarter Financial Results on November 5, 2009
06/08/2009Second Quarter 2009 financial Results
30/07/2009Second Quarter Financial Results on August 6, 2009
05/03/2009mpany to Announce 2008 Fourth Quarter and Year End Results o...
06/11/2008Announces Third Quarter 2008 Financial Results
07/08/2008Announces Second Quarter 2008 Financial Results
31/07/2008to Announce 2008 Second Quarter Results on August 7, 2008
Projets de Arabian American Development Co
22/08/2012(Al Masane)Announces First Sale and Shipment of Zinc and Copper Concent...
20/12/2011s Investors on AMAK Mine, Petrochemical and Toll-Processing ...
25/10/2011Announces Completion of Construction Phase of AMAK Mine
01/06/2010(Al Masane)& AMAK Announce $88 Million in Financing for Saudi Mine Deve...
Communiqués de Presse de Arabian American Development Co
11/09/2012Names Simon Upfill-Brown As Executive Vice President
24/08/2012featured in Seeking Alpha article on basic material companie...
16/08/2012Announces Filing of Shelf Registration
13/06/2012mpany Set to
03/04/2012to Ring the NYSE Closing Bell on April 10, 2012
21/03/2012Receives Approval for Listing on the NYSE
26/01/2012Announces Two-Year Contract Extension with an Existing Fortu...
01/12/2011Provides Business Update
19/09/2011Announces AMAK's Receipt of Four Additional Mining Leases
26/07/2011Announces Plans to Build Renewable Hydrocarbon Processing De...
26/04/2011(Al Masane)Provides an Update to Al Masane Al Kobra Mine and Additional...
08/04/2011Announces Audit Committee Realignment
09/03/2011Announces Fourth Quarter and Full-Year 2010 Financial Result...
15/02/2011(Al Masane)Provides Update on Al Masane Al Kobra Mine Activities
29/06/2010South Hampton Resources Signs Five-Year Agreement for Hydroc...
05/05/2010Signs Five-Year $60 Million Contract with New Customer
01/07/2009Nicholas Carter Succeeds Hatem El-Khalidi as President and C...
15/01/2009Announces Business Update Call
23/12/2008Announces Planned Retirement of CEO Hatem El-Khalidi Effecti...
16/12/2008Provides Year-End Business Update
19/09/2008Announces Update on Impact of Hurricane Ike
17/07/2008Provides 2008 Mid-Year Update on Key Business Activities
14/07/2008Announces Approval of All Proposals at 2008 Annual Sharehold...
16/06/2008Announces New Date for 2008 Annual Meeting of Shareholders
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