June 12, 2017 / 11:09 AM / a month ago

BRIEF-Magnegas announces $25 million convertible preferred financing

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June 12 (Reuters) - 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:

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