Honsen Energy & Resources International, Ltd. Announces Entry Into Definitive Agreement To Become Publicly Traded

January 25, 2016 (PRLEAP.COM) Business News
HONG KONG & LOS ANGELES, CA January 25, 2016 - Privately held Honsen Energy & Resource International, Ltd. announced today that it has entered into a definitive agreement to merge with Sunset Suits Holdings, Inc (OTC Pink: SNSX), as part of an alternative public offering or "APO" transaction. The merged company will assume the name the Hong Kong-based Honsen Energy & Resources International, Ltd and will seek to change its trading symbol within in the coming days. The current management and directors of Honsen will assume their respective positions in the newly combined public company.

According to the definitive merger agreement, Sunset Suits will issue the shareholders of Honsen four hundred million (400,000,000) shares of its common stock representing more than 99.9% of the common stock of the combined company. Sunset Suits, a publicly traded, fully-reporting company registered under the Securities Act of 1933, will seek to engage a certified pubic account registered with the Public Company Accounting Oversight Board ("PCAOB") to audit its previous financial reports. Honsen has engaged attorney Adam S. Tracy to prepare the combined company's periodic reports to become current with its obligations with the Securities and Exchange Commission. Once complete, Honsen will seek to obtain a quotation on the OTCQB or, if qualified, NASDAQ.

Rui Tang, Chief Executive Officer of Honsen, said, "The definitive merger agreement marks a significant step in the process of becoming a publicly held company and furthering our operational objectives." He added, "Honsen will be accessible to the gobal investment community - thus creating an opportunity for investors to become involved in what we believe is an exciting, emerging company that seeks leverage a promising asset base. In addition, we believe that access to the United States capital markets will provide Honsen with the necessary growth capital to expand its operations."

About Honsen Energy & Resources International, Ltd.
Honsen Energy & Resources International, Ltd. is an international mining company involved in capital investment, operation, geological prospecting, and production. As a forerunner of China's national policy of "the Belt and Road Initiatives", Honsen has focused its core business on metallic mineral resources development in Central Asia - a region that is heavily emphasized by China Silk Road Economic Zone. The company holds interests four major mineral projects in Kyrgyzstan: Sugut Nepheline-Syenite (Gold) Mine, Zardalek Nepheline-Syenite Project, Boztash Limestone Project and Shuran Coal Field. Honsen is management by experienced geologists and project managers. The company is registered in Hong Kong has offices in Beijing and Kyrgyzstan.

Statements in this press release that are not historical fact may be deemed 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. Although Honsen Energy & Resources International, Ltd. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Honsen is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability meet the conditions necessary to, among other matters, obtain a public listing on a major national exchange.

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