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 China Gengsheng Minerals (NYSE AMEX:CHGS)

Monday, January 10, 2011
GONGYI, China, Jan. 5, 2011 /PRNewswire-Asia-FirstCall/ -- China GengSheng Minerals, Inc. today announced that it has entered into definitive agreements with several institutional investors for a registered direct placement of 2,500,000 shares of common stock at a price of $4.00 per share for gross proceeds of $10 million