09:50 AM EST - Nevada Clean Magnesium : announced that following further discussions, the Company has restructured its originally announced Joint Venture terms with ScanMag AS, of Norway. The renegotiated terms include: $5 million U.S. total contribution from ScanMag AS to Nevada Clean Magnesium, payable over four years, commencing with the first major payment of $2,000,000 within 12 months, followed by 36 monthly payments of $83,300 U.S. Upon NCM receiving the $5 million U.S. investment, ScanMag AS will receive 12% of equity shares of NCM. Nevada Clean Magnesium.
shares V.NVM are trading unchanged at $0.05.
