Andatee China Marine Fuel Services Corporation (OTCPK:AMCF) announced that it has entered into a subscription agreement for private placement of 10,000,000 common shares at a price of $0.03 per share for gross proceeds of $300,000 on February 29, 2016. The transaction will include participation from An Fengbin, Chief Executive Officer, and a board member of the company. The company will issue securities pursuant to exemption provided under Regulation D. The transaction has been approved by the board of directors of the company.
Andatee China Marine Fuel Services Corporation
Equities
AMCF
US67086W1053
Oil & Gas Refining and Marketing
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2016 | Andatee China Marine Fuel Services Corporation Appoints Ji Ma as an Independent Member of the Board | CI |
2016 | Andatee China Marine Fuel Services Seeks Acquisitions | CI |
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+10.39% | 230B | |
+7.76% | 104B | |
+23.47% | 101B | |
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+8.80% | 61.41B | |
+19.95% | 50.99B | |
+24.77% | 36.97B | |
+24.18% | 26.28B | |
-13.63% | 20.52B |
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- Andatee China Marine Fuel Services Corporation announced that it expects to receive $0.3 million in funding