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Clean Coal Technologies sells $2 million convertible to Archean Group
Debenture is convertible into 6.7% of the company's outstanding shares
By Devika Patel
Knoxville, Tenn., March 21 - Clean Coal Technologies, Inc. said it sold a $2 million convertible debenture to Archean Group.
The debenture is convertible into 6.7% of the company's outstanding shares.
Proceeds will be used as working capital.
Based in New York, Clean Coal is a cleaner-energy technology company.
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