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Published on 7/30/2010 in the Prospect News PIPE Daily.

New Issue: Greencross plans to sell A$4 million of stock via private placement

By Devika Patel

Knoxville, Tenn., July 30 - Greencross Ltd. said it plans a A$4 million private placement of shares.

The company will sell shares at A$0.70 per share.

The company also is conducting a share purchase plan for up to A$1.3 million.

Proceeds will be used for future acquisition opportunities.

Based in Wooloongabba, Australia, Greencross provides veterinary services.

Issuer:Greencross Ltd.
Issue:Ordinary shares
Amount:A$4 million
Price:A$0.70
Warrants:No
Pricing date:July 30
Stock symbol:Australia: GXL
Stock price:A$0.715 at close July 30

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