Dehaier Medical Systems announces initial public offering

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Dehaier Medical Systems Ltd.Apr 23 2010

Dehaier Medical Systems Ltd. (Nasdaq: DHRM), an emerging leader in the development, assembly, marketing and sale of medical products in China, announced today its initial public offering of 1,500,000 ordinary shares at $8.00 per share. The ordinary shares will begin trading today under the ticker symbol "DHRM" on the Nasdaq Capital Market.

Of the 1,500,000 shares sold in the offering, all of the shares were sold by Dehaier Medical Systems.

Anderson & Strudwick, Inc. acted as the lead placement agent for the offering.

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Dehaier Medical Systems Ltd.

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