Tri-Valley Bank Announces Agreements to Raise $1.35 Million in Private Placement

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SAN RAMON, Calif.--(BUSINESS WIRE)--Tri-Valley Bank (OTC:TRVB) (the “Bank”) announced that it has entered into definitive agreements to sell 3,125,000 shares of its common stock to Gregory Solsrud, and 250,000 shares to two other individual investors through a private placement offering for a total of $1.35 million, or $.40 per share. Subsequent to the closing of this private placement, an existing shareholder will be entitled to exercise anti-dilution rights to purchase up to an additional 814

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