ProUroCare Medical Inc. (OTCPK:PUMD) announced a private placement of secured promissory note for gross proceeds of $150,000 on September 26, 2012. The notes shall be issued to Jeanne Rudelius. The notes mature on December 26, 2012, and the company may repay the amount in part or in full at any time before the maturity. The company shall issue 30,000 shares in lieu of cash interest.

On the same day, the company received the funding and issued 30,000 shares in lieu of cash interest to the lender.