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Evergreen Energy issues 3.94 million shares in exchange for $5 million 8% convertibles
By Jennifer Chiou
New York, Sept. 25 - Evergreen Energy, Inc. issued 3,944,969 shares in exchange for $5 million of its 8% convertible secured notes due 2012, according to an 8-K filing with the Securities and Exchange Commission.
The exchange occurred on Sept. 19.
Evergreen Energy, based in Denver, refines coal into a cleaner solid fuel.
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