Brief: Leclanche Draws Down Second Tranche Of CHF 720,000 From Convertible Loan Facility

Leclanche SA

04/06/2020 06:04

June 4 (Reuters) - Leclanche SA  LECN.S :
    * EQS-ADHOC: LECLANCHÉ DRAWS DOWN A SECOND TRANCHE OF CHF
720,000
FROM THE CONVERTIBLE LOAN FACILITY OF UP TO CHF 39 MILLION WITH
YORKVILLE ADVISORS
    * INITIAL CHF 2.9 MILLION TRANCHE UNDER CONVERTIBLE LOAN
FACILITY
WITH YORKVILLE ADVISORS WAS DRAWN DOWN IN FEBRUARY 2020
    * SECOND CHF 720,000 TRANCHE WILL BE USED TO FUND COMPANY
OPERATIONS AND EXPANSION

Source text for Eikon:  ID:nEQ273mgya 
Further company coverage:  LECN.S 

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