NuGen announces proposed private placement (TSXV:NGMD:CA)

NuGen Medical Devices (TSXV:NGMD:CA) announced intention to complete a non-brokered private placement of up to $10,000,000 principal amount secured convertible debentures.
The Company intends to use the proceeds from the offering for working capital purposes, expansion of production and fulfillment of increasing sale purchase orders globally.
Source: Press Release

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