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Home : Nuvolt Corporation Announces a Bridge Financing
Aug 24
2012

Nuvolt Corporation Announces a Bridge Financing

LEVIS, QUEBEC--(Marketwire - Aug. 23, 2012) - Nuvolt Corporation Inc. (« Nuvolt ») (TSX VENTURE:NCO) announces the conclusion of a bridge financing of $425,000 from entities affiliated to members of its Board of Directors, in the form of a loan bearing interest at the rate of 12% and guaranteed by a third hypothec on the universality of its assets. This loan will become due on the earliest of the closing of a financing for a minimum of $1,250,000 and December 18, 2012.
Source:http://www.marketwire.com/mw/release.do?id=1694029&sourceType=3
 
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