Brief: KMT Hansa Says Negotiated Various Debt Conversion Agreements With 7 Creditors
Oct 2 (Reuters) - KMT Hansa Corp KMCh.V :
* KMT-HANSA ANNOUNCES PRIVATE PLACEMENT
* NEGOTIATED VARIOUS DEBT CONVERSION AGREEMENTS WITH 7
CREDITORS
* TO ISSUE AGGREGATE OF UP TO 28.6 MILLION COMMON SHARES TO
CREDITORS
* ISSUE OF SHARES IN EXCHANGE FOR CANCELLATION OF UP TO $1
MILLION
IN DEBT
Further company coverage: KMCh.V
((Reuters.Briefs@thomsonreuters.com;))
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