United States

Sino Gas & Energy Holdings Ltd announces completion of placement tranche 2 share issue

Monday, 8 Jun 2015 07:19pm EDT 

Sino Gas & Energy Holdings Ltd:Says that settlement of second tranche of placement announced on April 23, was completed via issue of 298,362,897 shares at $0.16 per share to raise A$47,738,063.Says that this completes the company's recent capital raising initiatives having raised A$84.1 million (before costs), consisting of A$80 million from placement and A$4.1 million from share purchase plan. 

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