ProGreen Pays off Convertible Note in Cash

BLOOMFIELD TOWNSHIP, MI - (NewMediaWire) - March 17, 2017 - ProGreen US, Inc. (ProGreen), (OTCQBPGUS), www.ProGreenUS.com, @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon).

ProGreen is pleased to announce that the Hoppel convertible note from September has been paid off in cash.

"This follows our strategy to avoid any dilution of the stock from conversion," says Jan Telander, CEO & President.

Website: www.ProGreenUS.com
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About ProGreen US, Inc.

PROGREEN US, INC., www.ProGreenUS.com, based in Bloomfield, Michigan, is engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) as well as through its majority-owned Mexican subsidiary Procon Baja JV (Procon). Contel is now active in the high margin produce industry, growing crops for exporters to the U.S. market, with an abundance of land available for expansion under our JV partnership. Procon has recently acquired 5,100 acres of land with 4.7 miles of oceanfront on the Bay of El Rosario, for which a master plan is being drawn for the development of a very large, totally green, international vacation and retirement community called "Cielo Mar".

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