Millennium Limited (ASX:MHD) announced a private placement of 1,500,000 Unlisted Secured Redeemable Convertible Notes at a price of AUD 1 per note for gross proceeds of AUD 1,500,000 to Regent Building and Developments on August 11, 2017. The notes will be convertible to fully paid ordinary shares ata price of AUD 0.04 per share at any time before maturity of the notes on June 30, 2020. The transaction has been approved by the board of directors of the company.