CD International Enterprises Acquires 100% Equity Interest of China Manor Assets Investment Management Company, Limited

DEERFIELD BEACH, Florida, March 9, 2016, CDII /PRNewswire/ CD International Enterprises, Inc. ( CD International ) (OTC: CDII), a U.S.-based company that sources industrial commodities and provides business and management corporate consulting services, today announced that it has entered into an agreement to acquire 100% ownership in equity interest in China Manor Assets Investment Management Company, Limited, a Cayman Islands corporation ( CMAIM ). Under the terms of the agreement, the Company acquired 100% equity interest in CMAIM for an aggregate purchase price of $5 million based on the initial registered capital for CMAIM s wholly-owned subsidiary in China.  CDII will issue to CMAIM s shareholder 1,670,000 shares of company s Series G Convertible Preferred Stock with a total market value at $5 million. The preferred stock can be converted to Company s common stock only upon a listing of the Company s common stock on NYSE or NASDAQ.  The convertible ratio is one share of the pre
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