latest news releases from the newsroom
SinoCoking Coal and Coke Chemical Industries. Inc.
SinoCoking Announces Entry Into Agreement for $14.3 Million Registered Direct Offering of Common Shares and Warrants
PINGDINGSHAN, China, Sept. 18, 2014 (GLOBE NEWSWIRE) -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK) ("SinoCoking" or the "Company"), a vertically-integrated coal and coke processor, today announced that it entered into a securities purchase agreement (the "Securities Purchase Agreement") with two institutional investors in connection with an offering (the "Offering") pursuant to which the Company agreed to sell to investors 2,818,845 shares to be issued on the initial closing of the Offering (the "Initial Offering") at a price of $5.10 per common share. The Initial Offering includes Series A warrants to purchase an aggregate of 1,409,423 shares of common stock and Series B warrants, which are not exercisable for the first six months, may become exercisable only to the extent the Company does not have an effective registration statement available for shares underlying such warrants, and, in any event, expire after certain registration conditions are satisfied, to purchase an aggregate of 1,644,737 shares of common stock. The Company expects the Initial Offering of approximately $14.3 million in gross proceeds will close on or before September 23, 2014.
CNL Financial Group
CNL Executive to Speak at Seminar on Private Equity
ORLANDO, Fla., Sept. 18, 2014 (GLOBE NEWSWIRE) -- CNL Financial Group Senior Vice President Scott Hall will speak
at a seminar on raising private equity hosted by the Urban Land
Institute (ULI). The seminar, titled "Private Equity Capital:
Understanding and Navigating the Options" is being held on Monday,
Sept. 29 at the ULI headquarters in Washington, DC.
MEDL Mobile Holdings, Inc.
Hang w/ Launches In-App Messaging
FOUNTAIN VALLEY, Calif., Sept. 18, 2014 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc.(OTCBB:MEDL), a leading developer of mobile applications for the Apple iOS and Android platform and the developer of the patent-pending Hang w/ mobile live video broadcast technology, has announced the release of Hang w/ 3.2 - an updated and improved version optimized for iOS8 with a powerful new feature, User-to-User In-App Messaging.