Category: Investment, China

China Stock Alert: China Direct Industries (NASDAQ: CDII) Announces Conference Call to Discuss Financial Results for the Full Year of Fiscal 2011 Ended September 30, 2011

News about China Direct (NASDAQ: CDII)

DEERFIELD BEACH, Fla. - December 20, 2011 (InvestorIdeas.com Newswire) - China Direct Industries, Inc. (the "Company") ( NASDAQ:CDII), a U.S. based holding company with operations in China and the U.S. focusing on pure magnesium production, distribution of basic materials and metal ores, and cross border corporate advisory services, announced today that Andrew Wang, Chief Financial Officer, and Richard Galterio, Vice President, will host a conference call to discuss the Company's financial results for the full year of fiscal 2011 ended September 30, 2011.

The call information is as follows:

-- Date: December 22, 2011
-- Time: 4:30 p.m. Eastern Standard Time
-- Dial-in number for US/Canada: (877) 407-0778
-- Dial-In number for international callers: (201) 689-8565
-- Conference ID: 385263

This call is being webcast and can be accessed at China Direct Industries website at http://www.cdii.net/calendar-of-events. The webcast may also be accessed at: http://www.investorcalendar.com/IC/CEPage.asp?ID=166880

The playback of the webcast can be accessed through either site until March 22, 2012. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp

About China Direct Industries, Inc

China Direct Industries, Inc. (NASDAQ:CDII), is a U.S. based company that sources, produces and distributes industrial commodities in China and the Americas and provides business and financial consulting services. Headquartered in Deerfield Beach, Florida with corporate offices in Shanghai, China Direct Industries' unique infrastructure provides a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. For more information about China Direct Industries, please visit http://www.cdii.net.

DISCLOSURE NOTICE:

In connection with the safe harbour provisions of the Private Securities Litigation Reform Act of 1995, China Direct Industries, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations concerning the ability of the Company to resolve the deficiency and regain compliance with the NASDAQ minimum bid price requirements.

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Report on Form 10-K for the fiscal year ended September 30, 2010.

Contact Information:

China Direct Industries, Inc.
Richard Galterio or Lillian Wong
Investor Relations
Phone: 1-877- China -57
Email: richard.galterio@cdii.net
lillian.wong@cdii.net

China Direct Industries, Inc. (NasdaqGM:CDII) is a featured stock on Investorideas.com
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