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Wednesday, 04/07/2010 9:22:47 AM

Wednesday, April 07, 2010 9:22:47 AM

Post# of 11554
GUYS I'M CALLING PRWT AGAIN !1 GREAT NEWS !! 1 to WATCH
Liking the chart and posted yesterday. Liking it more now
PRWT PremierWest Bancorp successfully raises $33.3 mln in capital and announces regulatory order

Co announced the successful completion of its common stock offering, raising $33.3 mln in gross proceeds from the sale of 75,607,765 shares. The offering was completed in two stages. The first stage was a shareholder rights offering whereby existing shareholders were provided the opportunity to purchase 3.3 shares of PremierWest Bancorp common stock for each share owned as of the December 15, 2009 record date. The initial rights offering generated approximately $18.7 mln in gross proceeds.

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