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Mill City completes insurance settlement funding

Mill City completes insurance settlement funding News provided by Share this article Share this article MINNEAPOLIS, Jan. 14, 2021 /PRNewswire/ -- Mill City Ventures III, Ltd. ("Mill City") (OTCQB: MCVT) announced today its participation in a purchase of two settled insurance claims. Mill Citys portion of participation was $1.05M. Specific terms of the loan were not disclosed. However, Mill City Chief Executive Officer Douglas M. Polinsky said, "The purchase of this fully adjudicated settlemen...
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