Huakan reports that it has redeemed six (6) year secured convertible debentures maturing on July 21, 2014, in the principal amount of $4,470,000 plus accrued interest of $240,598.36. The early retirement of the debentures eliminates the Company's long term debt. Additionally, the Company is continuing to focus on advancing its J&L precious and polymetallic project (gold-silver-lead-zinc), located near Revelstoke
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