Dynasil Corporation of America (NasdaqCM:DYSL) announced that it has entered into a subordinated note purchase agreement with existing lender Massachusetts Capital Resource Company for private placement of a subordinated note for gross proceeds of $2,000,000 on August 6, 2019. The note carries an fixed interest of 8% per annum and matures on July 31, 2026. The note will be interest only until August 31, 2022 and has a 2% prepayment penalty until August 31, 2020 and 1% prepayment penalty until August 31, 2021.