XI'AN, China, June 8, 2011 /PRNewswire-Asia/ -- Sino Clean Energy Inc. (Nasdaq: SCEI) ("Sino Clean Energy," or the "Company"), a leading producer and distributor of coal-water slurry fuel ("CWSF") in the People's Republic of China ("China"), provided additional information regarding the declared special dividend in the form of a contingent value right ("CVR").
On May 24, 2011, Sino Clean Energy announced a special dividend to shareholders of record as of June 13, 2011. Shareholders will receive one (1) CVR for each share of common stock outstanding as of such record date.
Sino Clean Energy announces that a physical certificate representing the CVRs will only be mailed to, and issued in the name of each record holder and beneficial owner of the shares of the Company's common stock on the record date. If you are a broker holding shares of the Company's common stock for a stockholder, you must submit a list of your record date beneficial owners to the Company's transfer agent within five (5) business days after the record date. Brokers will not receive CVRs in their name for the accounts of their clients. If you are a stockholder on the record date and you do not receive a certificate representing your CVRs in the mail, you should contact the Company's transfer agent.
For further information on this process, please contact the Company's transfer agent at:
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SIGNATURE STOCK TRANSFER, INC. |
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2632 Coachlight Court |
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Plano, Texas 75093 |
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Telephone 972.612.4120 |
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About Sino Clean Energy
Sino Clean Energy is a U.S. publicly traded company and a China-based producer and distributor of coal-water slurry fuel ("CWSF"). With locations in Shaanxi Province, Liaoning Province and Guangdong Province, Sino Clean Energy is one of the leading CWSF producers in China. For more information about Sino Clean Energy, please visit http://www.sinocei.net.
Safe Harbor Statement
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to uncertainties in product demand, the impact of competitive products and pricing, our ability to obtain regulatory approvals, changing economic conditions around the world and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
