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Home > News > Pacific Fuel Cell Corp. Announces $1 Million in Financing

May 17th, 2004

Pacific Fuel Cell Corp. Announces $1 Million in Financing

Abstract:
Pacific Fuel Cell Corp. is pleased to announce that it has obtained a total of $1 million in financing from a private investment fund. The financing was raised through the assumption of redeemable convertible debentures. After expenses, the proceeds from this financing will be used to establish a state-of-the-art laboratory in the University Research Park at UC Riverside and complete the development of the commercial version of its carbon nanotube fuel cell.

Source:
Businesswire

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