Brief: Enablence Technologies Provides Update On Recapitalization Transaction And Announces Amendment Of Senior Loan Agreement
15/11/2021 13:49
Nov 15 (Reuters) - Enablence Technologies Inc ENA.V :
* ENABLENCE TECHNOLOGIES PROVIDES UPDATE ON RECAPITALIZATION
TRANSACTION AND ANNOUNCES AMENDMENT OF SENIOR LOAN AGREEMENT
* ENABLENCE TECHNOLOGIES INC - SHARES-FOR-DEBT SETTLEMENTS
AND
CONSOLIDATION ARE EXPECTED TO CLOSE PRIOR TO END OF NOVEMBER
2021
* ENABLENCE - AGREED TO AMEND, RESTATE EXISTING LOAN
AGREEMENT TO
ALLOW FOR FURTHER ADVANCES OF UP TO C$2 MILLION TO COMPANY TO
COVER OPERATING COSTS
Source text for Eikon: ID:nCNWWLv9Fa
Further company coverage: ENA.V
((Reuters.Briefs@thomsonreuters.com;))
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