8-K - GULF RESOURCES, INC. (0000885462) (Filer)
8-K - GULF RESOURCES, INC. (0000885462) (Filer)
8-K - GULF RESOURCES, INC. (0000885462) (Filer)
Gulf Resources, Inc. (NASDAQ:GURE) shares are trading lower by 10.4% to $1.08 during Friday’s session. The stock is trading lower, pulling back following Wednesday’s strength, after the company announced the signing of agreements to acquire crude salt fields. What Happened? Subsidiary Shouguang Hengde Salt Industry agreed to purchase crude salt fields in China for RMB280,762,000 (about USD $38,619,257). The acquisition involves 5 parcels totaling 5,141,000 square meters (approximately 1,270 acres). 80% of the payment (RMB224,609,600 or approximately USD $30,895,406) will be made in cash upon signing, with the remaining 20% paid in company shares within three months, post-inspection.
SHOUGUANG, China, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that on August 20, 2024, it received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2024, with the Securities and Exchange Commission (the "SEC"), the Company is not in compliance with Nasdaq's continued listing requirements under Nasdaq Listing Rule 5250(c)(1) (the "Rule"
SHOUGUANG, China, July 08, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources", "we," or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced it had received a letter from NASDAQ granting the Company an extension until October 14, 2024 to regain compliance with NASDAQ's listing rules. As previously disclosed, on April 18, 2024 and May 21, 2024, the Company received letters from NASDAQ indicating that that it did not comply with NASDAQ's filing requirements (the "Rule") because it had not filed its Form 10-K for the period ended December 31, 2023 (the "10-K") and Form 10-Q for the period ended Marc
SHOUGUANG, China, July 03, 2024 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources", "we," or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that its wholly owned subsidiary, Shouguang Hengde Salt Industry Co. Ltd ("SHSI"), entered into a series of agreements to acquire crude salt fields for an aggregate price of RMB280,762,000 (approximately US$38,619,257 based on the current exchange rate on July 3, 2024). The purchase includes 5 parcels of crude salt fields with a total size of 5,141,000 square meters (approximately 1,270 acres). 80% of the transfer or RMB224,609,600.00 (appro
SC 13G - GULF RESOURCES, INC. (0000885462) (Subject)
4 - GULF RESOURCES, INC. (0000885462) (Issuer)
4 - GULF RESOURCES, INC. (0000885462) (Issuer)
4 - GULF RESOURCES, INC. (0000885462) (Issuer)
SHOUGUANG, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Gulf Resources (NASDAQ:GURE) a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced its financial results for the three and nine months ended September 30, 2023. In the third quarter, sales declined by 74%.Net income after tax was a loss of $1,775,797 compared to a profit of $8,967,380.Net loss per share was ($0.17*) compared to a net profit of $0.86*.Ending cash was $103,774,977 or $9.95* per share.Shareholders' equity was $260,723,332 or $24.99* per share. Results for the Three Months Ended Sept. 30,2023 In the third quarter of 2023, revenue declined by 74% to $5,865,615 from $22
SHOUGUANG, China, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company will host a conference call on Monday, November 20, 2023 at 07:30 PM Eastern Time to discuss its Third Quarter 2023 results ended September 30, 2023. Mr. Xiaobin Liu, CEO of Gulf Resources, will be hosting the call. The Company management team will be available for investor questions following the prepared remarks. To participate in this live conference call, please dial Toll Free +1 (888) 506-0062 five to ten minutes prior to the scheduled confer
SHOUGUANG, China, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company has filed a Form 12b-25 Notification of Late Filing because it is unable to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") by November 14, 2023, the original due date for such filing.. The Company expects to file the Form 10-Q within the five-calendar day extension provided by Rule 12b-25. The Company will host a conference call about its quarterly earnings at 7:30 P.M. EST (4:30 P.M. PST) on Nove