China Valves Technology, Inc. Raises Additional $21.7 Million in Registered Direct Offering (PR Newswire via Yahoo! Finance)

Posted: December 31st, 2009 | Author: admin | Filed under: General | Tags: , | No Comments »

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 definitive agreements with certain accredited investors to sell in a registered direct offering an aggregate of 2,414,113 shares of its common stock at a price of $9.00 per share for gross proceeds of approximately $21.7 million.

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China Valves Technology, Inc. Raises Additional $21.7 Million in Registered Direct Offering (PR Newswire via Yahoo! Finance)

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