Pure Nickel Inc. announces that it has closed a financing of unsecured convertible debentures in the amount of $300,000. The Debentures have a term of one year, bear interest at a rate of 8% per annum, and are convertible into common shares at a price of $0.05 per share. The Financing consisted of 300 units at a price of $1,000 per unit , each Unit
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