China Valves Technology, Inc. Raises $3.0 Million in Registered Direct Offering (PR Newswire via Yahoo! Finance)

China Valves Technology, Inc. , a leading metal valve manufacturer with operations in the People’s Republic of China , today announced that the Company has entered into a definitive agreement with a certain accredited investor to sell in a registered direct offering an aggregate of 333,334 shares of its common stock at a price of $9.00 per share for gross proceeds of approximately $3.0 million.

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China Valves Technology, Inc. Raises $3.0 Million in Registered Direct Offering (PR Newswire via Yahoo! Finance)

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