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NYMH NEW NEWS!!!
NEW YORK, NY--(Marketwire - 09/16/09) - NYMET Holdings Inc. (Pinksheets:NYMH - News) (), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announced that they have entered into a Purchase Contract for ferrous scrap metal with Coppola Asia Limited, a scrap dealer based in Hong Kong with major distribution throughout the Pacific Rim.
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NYMH.PK 0.19 -0.01
{"s" : "nymh.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""} Mr. Robert Edwards, Executive Account Representative for NYMET Holdings, stated that the Purchase Contract calls for the sale of 1,000 metric tons of HMS 1 & 2 heavy melting scrap steel material. The material is expected to be delivered to Coppola Asia Limited over the next several weeks. This relationship will help develop NYMET's entry into the Hong Kong market. NYMET's management has concluded the logistics and organized the necessary requirements to begin loading and shipping the contracted material later this week. Coppola will have the ability to buy more material once this initial sale is completed. The total 1,000 metric tons of material will commence delivery this week and represents only a fraction of the overall potential the two companies have together
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