Published on 9/17/2007 in the Prospect News PIPE Daily.
New Issue: Asian Dragon to raise $1 million in private placement of shares
By Devika Patel
Knoxville, Tenn., Sept. 17 - Asian Dragon Group Inc. announced it will raise $1 million from a private placement of stock.
The company will sell 400,000 shares at $2.50 apiece.
Asian Dragon, located in Luoyang, China, is a gold exploration company.
| Issuer: | Asian Dragon Group Inc.
|
| Issue: | Stock
|
| Amount: | $1 million
|
| Shares: | 400,000
|
| Price: | $2.50
|
| Warrants: | No
|
| Pricing date: | Sept. 17
|
| Stock symbol: | OTCBB: AADG
|
| Stock price: | $2.60 at close Sept. 17
|
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