Mill City Funds $855,000 Short-Term Insurance Settlement

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Nov 03, 2022

MINNEAPOLIS, MN / ACCESSWIRE / November 3, 2022 / Mill City Ventures III, Ltd. ("Mill City" or the "Company") (Nasdaq:MCVT) announced today its funding of a settled insurance claim in the amount of $855,000. The related short-term note is expected to mature in 120 days and involve an annualized return of 33.5%.