Brief: Electrovaya Closes Credit Facility Agreement To Finance Purchase Orders

Electrovaya

11/11/2019 12:08

Nov 11 (Reuters) - Electrovaya Inc  EFL.TO :
    * ELECTROVAYA CLOSES CREDIT FACILITY AGREEMENT TO FINANCE
PURCHASE
ORDERS
    * ELECTROVAYA INC - UNDER TERMS OF CREDIT AGREEMENT, CO HAS
ALSO
ISSUED 1.5 MILLION COMMON SHARES TO LENDER
    * ELECTROVAYA INC - CLOSED AN AGREEMENT WITH A CANADIAN
FINANCIAL
INSTITUTION FOR A SECURED CDN $5.5 MILLION CREDIT FACILITY
    * ELECTROVAYA INC - WILL SUPPORT FULFILMENT OF ELECTROVAYA'S
RECENTLY ANNOUNCED PURCHASE ORDERS

Source text for Eikon:  ID:nCNWmsxv2a 
Further company coverage:  EFL.TO 

 (Reuters.Briefs@thomsonreuters.com)