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
The visiting team, composed of geologists and geochemists, was led by Professor Seo Jeong-hoon from the Department of Geology at Seoul National University.

Global geologists visit Almonty tungsten mine in South Korea

A team of geologists from around the world visited Almonty Industries’ (TSX:AII) Sangdong Tungsten mine in South Korea this week.
Two pieces of a puzzle fitting together with image of two people shaking hands in background

Founders Metals plans to acquire 51% of Antino Gold Project

Founders Metals (TSXV:FDR) reveals it will exercise its right to acquire 51 per cent of the Antino Gold Project in southeastern Suriname.
AI generated image of a miner extracting gold

Juggernaut drills extensive sulphide mineralization at Bingo

Juggernaut Exploration (TSXV.JUGR) reports sulphide mineralization averaging 7.32 metres wide at the Bingo property in British Columbia.
Lithium clay deposit

Cruz Battery Metals to spin-out Hector Silver-Cobalt Project

Cruz Battery Metals (CSE:CRUZ) will transfer all of its rights, title and interest in its Hector Silver-Cobalt Project to securityholders.