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 China Shuangji Cement (PINK:CSGJ)

Monday, November 8, 2010
On November 2, 2010, China Shuangji Cement, Ltd. entered into and closed on two private placement financings pursuant to securities purchase agreements with certain accredited investors, whereby the Investors purchased an aggregate of 1,578,948 shares of our series A convertible preferred stock with attached warrants to purchase an aggregate of 1,578,948 shares of our common stock for an aggregate purchase price of $600,000. The Series A Preferred Stock is convertible into 1,578,948 shares of our common stock.