SEATTLE, May 31, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company"), a U.S.-based company with profitable energy (coal) operations in China, announced today that it has engaged John T. Boyd Company of Pittsburgh, Pennsylvania ("BOYD'') as a technical advisor on potential mining acquisitions.
Following the L&L Board of Directors' decision to acquire larger mining operations in North China, L&L's management team, guided by Yang Jingcai and Dr. Syd Peng, has identified potential acquisition targets with over one million tons of annual coal capacity. L&L's team will also work with BOYD to evaluate acquisition targets, including compliance with the international JORC standards, which are not required under the existing China regulations.
BOYD, founded in 1943, is one of the largest mining consulting firms serving the international coal and gas industries. Their extensive knowledge has been accumulated over seventy years of independent mining evaluation and analysis.
L&L Chairman and CEO, Dickson Lee commented, "I am pleased with the engagement of BOYD to compliment with our five-star team led by Dr. Peng, and Yang Jingcai. I look forward to working with BOYD to move our acquisition targets forward."