Just_Super
In this article, we are going to cover recent news concerning Nano One Materials Corp. (OTCPK:NNOMF) and how Nano One appears to be moving closer to its first revenue-producing deals. We will explore the financing news and the impact it
Nano One: Recent Loan And Grant Increase Probability Of Success, But Risks Remain
Summary
- Nano One is nearing its first revenue-producing deals, potentially boosting the stock significantly.
- The company secured a C$15 million loan and a C$3 million grant from the Canadian government.
- Financing terms are favorable, with repayment starting 5 years after the first drawdown, spanning a total of 10 years.
- Multi-government support, including a Department of Defense grant, positions Nano One to advance with partner Worley.
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