Stevia (STEV) Lands Sweet Equity Purchase Deal with Southridge Partners
Stevia Corp., a farm management company focused on the economic development of alternative sweetener stevia, today announced it has entered into an Equity Purchase Agreement of up to $20 million of the company's registered common stock by institutional investor Southridge Partners II, LP. Stevia Corp. will allocate this funding to accelerate its commercial development of stevia and related markets. Stevia Corp. president George Blankenbaker said the funding is a significant achievement that reflects Southridge’s support of Stevia Corp.’s future plans and market opportunity. "This is an important milestone for Stevia Corp. to have accomplished. We have attracted and won the…