NAR Forges Long Term Collaboration with Sinosteel Trading

  Hong Kong, Aug 24, 2010 - (ACN Newswire) - North Asia Resources Holdings Limited ( & quot;NAR & quot; or the & quot;Company & quot;) (stock code: 61) announced that the Company has signed a memorandum of understanding (the & quot;MOU & quot;) with Sinosteel Trading Co., Ltd. ( & quot;Sinosteel Trading & quot;) on 18 August 2010 for long-term cooperation with respect of the Company's iron ore mining operation in Mongolia.  

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