Ya Zhu Silk raises $1 million through private placement of its shares

Company sells 40,000 common shares at $25.00 per share in placement

By Devika Patel

Knoxville, Tenn., June 8 - Ya Zhu Silk Inc. settled a $1 million private placement of stock, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 40,000 common shares at $25.00 per share.

Ya Zhu is a shell company in Carson City, Nev.

Issuer:	Ya Zhu Silk Inc.
Issue:	Common stock
Amount:	$6,036,000
Shares:	40,000
Price:	$25.00
Announcement date:	June 8
Stock symbol:	OTCBB: YZSK

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.