/ CORRECTION - Vortex Resources Commences Process of Name Change to
Yasheng Eco-Trade Corporation
BEVERLY HILLS, CA--(Marketwire - May 20, 2009) - In the news release,
"Vortex Resources Commences Process of Name Change to Yasheng
Eco-Trade Corporation," issued earlier today by Vortex Resources
Corp. (OTCBB: VXRC), we are advised by the company that the first
sentence of the first paragraph should read "Vortex Resources Corp.
(the "Company") (OTCBB: VXRC) (Equity, ISIN US92905M2035, WKN A0RLEK,
HTE2) is pleased to announce..." rather than "Vortex Resources Corp.
(the "Company") (OTCBB: VXRC) is pleased to announce..." and that the
last sentence of the fourth paragraph should read "established in
1992" rather than "established in 1972" as originally issued.
Complete corrected text follows.
Vortex Resources Commences Process of Name Change to Yasheng
Eco-Trade Corporation
BEVERLY HILLS, CA -- May 20, 2009 -- Vortex Resources Corp. (the
"Company") (OTCBB: VXRC) (Equity, ISIN US92905M2035, WKN A0RLEK,
HTE2) is pleased to announce that it has commenced the process to
change its name to Yasheng Eco-Trade Corporation. As disclosed by the
Company in January 2009, the Company entered into a Term Sheet (the
"Term Sheet") with YaSheng Group ("YaSheng"), a group of companies
engaged in the agriculture, chemicals and biotechnology businesses in
the People's Republic of China, for the development of a logistics
center and eco-trade cooperation zone in the United States. Pursuant
to article 4 of the Term Sheet, the Company has agreed to change its
name to Yasheng Eco-Trade Corporation. This change represents a
significant step forward in the Term Sheet.
About YaSheng Group:
The YaSheng Group is a diversified industrial conglomerate
incorporated in California, which operates in a group of companies
engaged in the agriculture, chemicals and biotechnology businesses in
the People's Republic of China.
Through three major industries, Agriculture, Chemical, and
Biotechnology, the company's operating categories include: chemical
engineering, agricultural production, biotech, pharmaceuticals,
textile products, printing and dyeing, commercial trading, beverages
and inorganic salt manufacturing.
About Vortex Resources Corp.
Vortex Resources Corp. (OTCBB: VXRC) (Equity, ISIN US92905M2035, WKN
A0RLEK, HTE2) is a publicly traded company with a strategy that is
focused on the identification and acquisition of undervalued assets
within emerging industries for the purpose of consolidation and
development of these businesses and sale if favorable market
conditions exist. The Company's objective is to find, acquire and
develop resources at the lowest cost possible and recycle its cash
flows into new projects yielding the highest returns with controlled
risk. The company competencies include financial services, mergers
and acquisitions, accounting, real estate development, and natural
resources exploration. The company was established in 1992 and is
headquartered in Beverly Hills, California.
Further information concerning Vortex Resources Corp. can be found on
the corporate website: http://www.vortexrc.com
Forward-Looking Statements:
Certain statements contained in this press release are
forward-looking statements that involve risks and uncertainties. The
statements contained herein that are not purely historical are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the Securities
Exchange Act of 1934, as amended.
Contact:
Vortex Resources Corp.
310-461-3559
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.