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Will fund growth, plant expansion and technical personnel
August 11, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
SouthWest NanoTechnologies Inc. (SWeNT) has received $2.7 million in new financing in two transactions. Approximately $1.7 million was received as part of a $4 million round of convertible notes. An additional $1 million was received from a venture debt transaction. The funds will be used to expand production capacity at its Norman, OK plant and to fill approximately eight available positions for scientists, engineers and technical support personnel. “We need to add to our capacity to ...
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