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New Generation Biofuels to raise funds following first quarter losses

17 May 2010

NASDAQ-listed renewable fuels provider New Generation Biofuels said it will complete a financing round during the second quarter after a net loss of $2.9m for the first quarter of fiscal 2010 on revenues of $6,477 versus a net loss of $2.4m with no revenues for the comparable quarter in 2009.

 

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