China GengSheng Minerals, Inc. Announces $10 Million Offering

by Benzinga Staff

January 5, 2011 9:31 AM | 14 seconds read | Make a Comment

China GengSheng Minerals, Inc.

CHGS

today announced that it has entered into definitive agreements with several institutional investors for a registered direct placement of 2,500,000 shares of common stock at a price of $4.00 per share for gross proceeds of $10 million.

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China GengSheng Minerals, Inc. Announces $10 Million Offering