Puget Technologies,Inc (OTCPK:PUGE) announced that it has issued 8% convertible redeemable note to HGT Capital for gross proceeds of $50,000 on January 28, 2015. The note bears an interest at a rate of 8% per annum. The note will mature on July 28, 2016.

The notes issued to HGT Capital were issued at 7% original discount.