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Published on 5/28/2010 in the Prospect News PIPE Daily.

New Issue: Sino Green Land raises $3.4 million through private placement of stock

By Devika Patel

Knoxville, Tenn., May 28 - Sino Green Land Corp. completed a $3.4 million private placement of stock on May 27, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 17 million common shares at $0.20 per share.

Sino Green Land is an agricultural distributor of fruits and vegetables based in Guangzhou, China.

Issuer:Sino Green Land Corp.
Issue:Common stock
Amount:$3.4 million
Shares:17 million
Price:$0.20
Warrants:No
Settlement date:May 27
Stock symbol:OTCBB: SGLA
Stock price:$0.27 at close May 27

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