MMFX Technologies Corporation Starts Mill and Completes Institutional Funding

MMFX Technologies Corporation, an Irvine-based materials science company, announces completion of a $55 million commitment in secured debt financing and receipt of final funding that was contingent upon the startup of its Welland, Ontario, Canada steel mill facility. MMFX had previously received $27 million of the financing. Axiom Capital Management Inc. acted as the procuring agent for the transaction. MMFX Steel of Canada opened ahead of schedule... 

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