China Shen Zhou Sees 2010 Revenue of $14.5M

China Shen Zhou Mining & Resources, Inc. SHZ today announced that management has set revenue guidance for the 2010 year, and both operational and financial guidance for the next year to end December 31, 2011. For the 2010 year, net revenues are expected to grow organically to approximately $14.5 million compared with $4.2 million in 2009. For the year to end December 31, 2011, net revenues are expected to approximate $38.0 million, a 164% increase compared with the 2010 estimated net revenues of $14.5 million. All this anticipated growth is organic from the current product portfolio. Net income for the 2011 year is estimated to reach approximately $11.0 million.