VANCOUVER, British Columbia, Feb. 23, 2011 (GLOBE NEWSWIRE) -- GLG Life Tech Corporation (the "Company") is pleased to announce the closing of its previously announced public offering (the "Offering") of 5,290,000 units ("Units") (inclusive of 690,000 Units issued pursuant to the exercise in full of the over-allotment option), on a bought deal basis, at a price of $11.00 per Unit for total gross proceeds of $58,190,000. The Offering was conducted through a syndicate of underwriters.
