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Kiwa
Bio-Tech Products Group Ltd. Announces
Completion of Merger with Publicly Traded
Shell
March
17, 2004
LOS ANGELES – Tintic
Gold Mining Company (OTCBB:TTGM) today
announced that effective as of the opening
of the markets today, the new trading symbol
for the Company's common stock on the Over-The-Counter
Bulletin Board has changed from "TTGM" to "KWBT." The
new symbol reflects the previously announced
name change to Kiwa Bio-Tech Products Group
Corporation ("KIWA"). In addition,
the previously announced 4-for-1 stock
split of the Company's common is also effective
as of the opening of the markets today.
"Completing the merger
with Tintic Gold Mining Company was an
important milestone in KIWA's corporate
development plan," said Li Wei, Chairman
and Chief Executive Officer of KIWA. "KIWA
aims to be a pioneer in the fast growing
Chinese ag-biotechnology market. We intend
to leverage our capabilities in developing,
manufacturing and selling ag-biotechnological
products, our low manufacturing costs and
the vast market opportunities in China
in order to maximize value for our shareholders."
KIWA BIO-TECH
PRODUCTS GROUP CORPORATION
KIWA is a development
stage company, which develops, manufactures
and distributes innovative, cost-effective
and environmentally safe bio-technology
products to agriculture, natural resources
and environmental conservation markets.
KIWA has an operating subsidiary in China.
KIWA's first product, a Photosynthesis
Biological Catalyst, was introduced in
the China agricultural market in November
2003. KIWA continues to improve existing
products and develop new products. The
company seeks to become a market leader
in bio-fertilizer and natural resources
protection products in the world.
ABOUT WESTPARK CAPITAL, INC.
WestPark Capital, Inc. is a full service
investment banking and securities brokerage
firm that serves the needs of both private
and public companies worldwide, as well
as individual and institutional investors. WestPark
is committed to forging lasting partnerships
with emerging growth companies and the
investors who back them. WestPark's
approach is to provide customized financial
solutions for virtually any need. A
complete range of investment banking and
brokerage services is available to corporate
and individual clients. WestPark's corporate
finance professionals have the depth of
experience and resources to create integrated
financing solutions for both private and
public marketplaces. Additionally,
WestPark offers an exceptional array of
private client services through its dedicated
group of financial consultants. WestPark
Capital understands the importance of strong
relationships in today's dynamic business
environment and welcomes the opportunity
to leverage this power into success for
its customers.
For more information visit www.wpcapital.com .
For further information,
please contact:
Richard Rappaport
Anthony Pintsopoulos
WestPark Capital, Inc. (310) 843-9300
1900 Avenue of the Stars, Suite 310
Los Angeles, CA 90067
http://www.wpcapital.com |
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