Sitestar Corp. (SYTE: OTCQB) | Sitestar Completes a Private Placement of Common Stock


Sitestar Completes a Private Placement of Common Stock

Nov 08, 2016

OTC Disclosure News Service

Lynchburg, VA

Sitestar Corporation (OTCQB: SYTE) (“Sitestar” or the “Company”) today announced that it has raised $1,625,975.20 in equity through the private placement of 32,519,504 shares of newly issued common stock at a price of five cents per share, which is the book value of the Company at the end of the second quarter of 2016. As of the effective date, November 7, 2016, Sitestar has a total of 190,230,163 outstanding shares. 

This release includes additional documents. Select the link(s) below to view.

110816 Press Release.Private Placement.pdf

Copyright © 2016 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Leave a Reply