
Dragon Energy Limited (Dragon Energy) is an Australia-based company. During the fiscal year ended June 30, 2009 (fiscal 2009), the Company acquired rights to explore and mine phosphate in the Georgina Basin in Queensland. The wholly owned subsidiary of the Company is Dragon Energy (China) Limited. During fiscal 2009, the Company focused its activities in capital raising and development of interests in exploration projects in the resource industry in Australia. In fiscal 2009, Shandong Taishan Sunlight Group Company Limited (the Shandong Group) completed 55% acquisition of the Company.