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Sylarus is a leading producer of germanium substrates for solar cells
January 12, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
5N Plus Inc. announced that it has agreed to convert the $3 million debenture provided to Sylarus Technologies, LLC of Saint George, UT on June 21, 2010 into a 66.67% majority interest. 5N Plus has also agreed to provide additional funding of $766,000 in the form of secured debt to enable the repayment of short term debt contracted by Sylarus. In addition, 5N Plus intends to support Sylarus capital expenditures, working capital requirements and development expenses as needed. Sylarus is a le...
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