News: TRY Troy Resources Ltd updates on revolving corporate facility amended with Investec Bank

Sept 1 (Reuters) - Troy Resources Ltd (TRY)

• Refers to company's revolving corporate facility as amended with Investec Bank Plc
• Advises that company is technically in breach of facility
• Advises that it has not been able to comply at all times with minimum liquidity amount balance requirement
• Troy resources says net tangible worth of co has fallen below A$100 million level which represents a breach of a financial undertaking in facility
• "At present time, company's cash and equivalents balance is less than required a$10 million"
• Is in discussions with Investec Bank with regards to potentially amending the facility, and other, provisions of agreement