TORONTO, Dec. 10, 2018 /CNW/ -
Desert Lion Energy Inc. is pleased to announce it has successfully closed the initial tranche of secured convertible promissory notes for gross proceeds of $5,000,000 with AIP Asset Management and has concurrently closed a non-brokered private placement of 28,582,143 units at a price of $0.07 per Unit for gross proceeds to the Company of approximately $2,000,000 . The Company is also
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