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General Steel Holdings Inc announces 5 mln shares private placement at $1.50 per Share

Monday, 14 Jul 2014 08:30am EDT 

General Steel Holdings Inc:Enters into a definitive Subscription Agreement for a private placement of its common stock, par value $0.001 per share with Henry Yu.Gross proceeds from the private placement will be about $7.5 mln.Intends to use the proceeds to fund its expansion into high-growth bulk commodity e-commerce. 

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0.019 +2.53%
3:47pm EDT