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Minnova Corp. (TSXV:MCI) announces private placement

 John Ballem John Ballem , The Market Herald Canada
0 Comments| January 17, 2023

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  • Minnova Corp. (MCI) announced a non-brokered private placement for gross proceeds of $500,000
  • The offering will consist of of up to 10,000,000 common shares at $0.05 per share
  • The proceeds will be used for work programs related to renewable energy development
  • Minnova Corp. is an evolving cleantech company building a worldwide pipeline of green energy projects
  • Minnova Corp.(MCI) opened trading at C$0.065

Minnova Corp. (MCI) announced a non-brokered private placement for gross proceeds of $500,000.

The offering will consist of of up to 10,000,000 common shares at $0.05 per share.

The proceeds will be used for work programs related renewable energy development and the exploration and development programs related to the restart of mining operations at the company’s PL Mine, as well as for general working capital purposes.

All securities issued will be subject to a four-month hold period.

Minnova Corp. is an evolving cleantech company building a worldwide pipeline of green energy projects. Our subsidiary, Minnova Renewable Energy, is focused on innovative carbon reduction technologies such as the 3rd generation biomass gasification technology developed by DUMA Engineering (2018) Inc. As of September 30, 2022 Minnova owns 50% interest in DUMA.

Minnova Corp.(MCI) opened trading at C$0.065.




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