Empire Industries announces Private Placement and creation of a 51% controlled Chinese Joint Venture Company
WINNIPEG, May 15, 2013 – Empire Industries Ltd. (“Empire” or the “Company“) (TSX-V: EIL) today announced that it intends to complete a non-brokered private placement of units and a convertible debenture (the “Private Placement”) to Canada Zhoufa Agricultural Holding Company Limited (“Canada Zhoufa”), a subsidiary of Zhejiang ZF Investment Co. Ltd. (“ZZG”) of China, and …