Nevada Clean arranges $500,000 placement
NEVADA CLEAN MAGNESIUM ANNOUNCES CONVERTIBLE NOTE FINANCING Nevada Clean Magnesium Inc. will conduct a non-brokered private placement of unsecured convertible notes in the principal amount of $500,000. The principal amount of the convertible note will bear interest at 20 per cent per annum, and any accrued but unpaid interest, will mature on the date that is one year following the closing date. Each convertible note will be convertible into common shares of the company at a price of five cents...
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