Toronto, Ontario–(Newsfile Corp. – November 3, 2015) – Silver Dragon Resources Inc. (OTCQB: SDRG) (the “Company”) reports that it has signed a Memorandum of Understanding with Shengda Mining Co., Ltd. (SZSE:000603) (“Shengda”) to receive an all cash consideration for the Company’s 20% equity interest in China, Sanhe Sino-Top Resources & Technologies, Ltd. (“Sino-Top”).