Supernova Energy, Inc. (OTCPK:SPRN) announced a private placement of one promissory note at $150,000 with new investor Craigstone Limited for gross proceeds of $150,000 on January 29, 2015. The note will have a fixed interest rate of 10% per annum and will mature on June 29, 2015. The note will be convertible into preferred shares at a fixed conversion price of $1 per share.

On January 29, 2015, Supernova Energy, Inc. closed the transaction.