Nevada Clean Magnesium Receives Approval for Financial Services Agreement

Nevada Clean Magnesium, Inc. (TSXV:NVM,FWB:M1V,OTC Pink: MLYFF) announced that the TSX Venture Exchange has approved of Nevada Clean’s financial services agreement with Crucible Capital Group, Inc..

As quoted in the press release:

As stated in the agreement, Crucible will act as a consultant, financial advisor and agent for the Company. In addition to a monthly retainer and fees to be paid to Crucible for services such as arranging for: financing, mergers, and acquisition of a business merger, the Company will also provide Crucible with 750,000 common shares and 250,000 warrants exercisable into common shares for two years at an exercise price of $0.08. The contract is in effect for an initial term of 180 days, and there is no assurance that the Company will carry out any financing or transaction of which Crucible has arranged.

Click here to read the Nevada Clean Magnesium Inc. (TSXV:NVM) press release