China North East files $40 million shelf registration for stock, debt

By Devika Patel

Knoxville, Tenn., June 29 - China North East Petroleum Holdings Ltd. filed a $40 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, common stock purchase rights, warrants, debt securities and units.

The debt securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

China North East is a crude oil production company based in Harbin, China.

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