Minnova Corp Issues High-Interest Promissory Notes
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Minnova Corp Issues High-Interest Promissory Notes

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Minnova (TSE:MCI) has released an update.

Minnova Corp. has recently issued $47,000 in unsecured promissory notes to company insiders for general working capital needs, bearing a high interest rate of 15% per annum. The notes are subject to corporate and regulatory approvals, including the TSX Venture Exchange, and form part of a related party transaction intended to shore up the company’s financial position.

For further insights into TSE:MCI stock, check out TipRanks’ Stock Analysis page.

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