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Article: Arabian American Development Co. Announces Fiscal 2007 Fourth Quarter Financial Results.

Article from:
PR Newswire
Article date:
March 13, 2008
Copyright

DALLAS, March 13 /PRNewswire-FirstCall/ -- Arabian American Development Co. today announced financial results for the quarter and year ended December 31, 2007. 

 
  Recent Highlights: 
  --  Al-Masane Al-Kobra Mining Company (ALAK) joint venture received the 
  commercial license from the Saudi Arabia Ministry of Commerce, which 
  enabled the joint venture to contract with construction companies, 
  prepare for the transfer of mining assets and appoint independent 
  auditors. 
  --  The Company's application for listing its common stock on The NASDAQ 
  Stock Market was approved and began trading under its current stock 
  symbol, "ARSD", on ...

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