DALIAN, China, Oct. 3 /Xinhua-PRNewswire/ -- RINO International Corp., a Nevada corporation (the "Company", or "RINO International") (OTC Bulletin Board: RINO) today announced that the U.S. Securities and Exchange Commission declared the effectiveness of RINO International’s Registration Statement on Form S-1. The Registration Statement went effective today at approximately 12:00 p.m. EST. The registration is for the approximate 5.58 million shares of RINO International’s common stock issued to certain accredited investors in exchange for a gross proceeds of $24.5 million raised in a private placement financing consummated on October 5, 2007.
Mr. Zou Dejun, CEO of the Company, stated, "We are pleased to have accomplished the registration of our investor’s shares and appreciate their support through this process."
About RINO International Corporation
RINO International is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO International, through its direct and indirect subsidiaries and a contractually controlled affiliate in China, designs, manufactures, installs and services proprietary and patented wastewater treatment, flue gas desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or improve energy utilization. RINO International’s manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards.
