Unless otherwise indicated, or unless the context otherwise requires, all
references in this Annual Report to the terms �Company,� �CSZM,� �we,� �our,� or
�us� mean China Shen Zhou Mining & Resources, Inc., a Nevada corporation.
We are the result of a share exchange/reverse takeover among Earth Products &
Technologies, Inc., a Nevada corporation (�EPTI�), American Federal Mining
Group, Inc., an Illinois company (hereinafter �AFMG�), and the shareholders of
AFMG. The effective date of the transaction was September 15, 2006. Pursuant to
the transaction, EPTI issued a total of 20,000,000 shares of common voting stock
to AFMG Shareholders, in exchange for 100% of AFMG�s common stock. The common
stock was issued in reliance on the exemption from registration set forth in
Section 4(2) of the Securities Act of 1933, as amended.