Arabian American Development to Present at Roth 22nd Annual OC Growth Stock Conference
Scheduled to Present at 2:30 p.m. PT on March 15
DALLAS, Feb. 18 /PRNewswire-FirstCall/ -- Arabian American Development Co. (Nasdaq: ARSD) today announced that Nick Carter, President and Chief Executive Officer, will present at the Roth Capital Partners 22nd Annual OC Growth Stock Conference, which will be held March 15 -17, 2010 at the Ritz Carlton, Dana Point, Calif. Mr. Carter will present at 2:30 p.m., PT, March 15, Track 8. He will also be available for one-on-one meetings throughout the day. Interested parties may schedule meetings through their Roth investment representative.
Mr. Carter will provide an overview of the Company's petrochemical business, its market opportunities both in the U.S. and internationally, as well as key drivers for growth. He will also provide an update on the Al Masane Al Kobra Mining Company (AMAK), of which it is an equity partner, and the projected annual cash flow of the AMAK project, which is scheduled to begin operations in 2010.
The presentation will be webcast live and may be accessed at http://www.wsw.com/webcast/roth23/arsd/. The webcast will be archived for 90 days.
About ROTH Capital Partners
ROTH is a full service investment banking firm dedicated to the small-cap public market. Since its inception in 1984, ROTH has been an innovator in this market. In the 1990's ROTH participated in underwriting IPOs for small-cap companies. As this market changed, ROTH helped develop the PIPE (private investment in public equity) financing structure. ROTH was one of the first U.S. investment banks to focus on financing small-cap Chinese companies, and established a Representative Office in Shanghai in 2007.
About Arabian American Development Company (ARSD)
ARSD owns and operates a petrochemical facility located in southeast Texas just north of Beaumont which specializes in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and an equity investor in a Saudi Arabian joint stock company involving a mining project in the Al-Masane area of Saudi Arabia which is currently under construction. The mine is scheduled to be in production in late 2010 or early 2011 and 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, 2008 and the Company's subsequent Quarterly Report Forms 10-Q.
Company Contact: Nick Carter, President and Chief Executive Officer (409) 385-8300 ncarter@southhamptonr.com Investor Contact: Cameron Donahue Hayden IR (651) 653-1854 Cameron@haydenir.com
SOURCE Arabian American Development Co.