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BRIEF-Magnegas announces $25 million convertible preferred financing

June 12 Magnegas Corp

* Magnegas announces $25 million convertible preferred financing

* Magnegas - $25 million financing structured as a working capital facility in form of redeemable series c convertible preferred shares

* Magnegas- $25 million financing also structured as a working capital facility in form of series c convertible preferred warrants and common stock warrants Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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