Source: Minnova Corp.
  • 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.


More From The Market Online
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Pampa Metals completes drill hole PIU-03 at Piuquenes Project

Pampa Metals (CSE:PM) reveals it has completed drilling at hole PIU-03 at its Piuquenes Project in Argentina.

Critical raw materials pioneer drives Europe’s clean energy transition

Leading Edge Materials Corp. (TSXV:LEM) offers an exciting proposition as it stands at the forefront of the critical raw materials sector.

Microcap rare earths stock sees positive sampling results

Defense Metals Corp. (TSXV:DEFN) receives positive results from Ucore Rare Metals (TSXV:UCU) on its Wicheeda rare earth carbonate sample.