Dec 27 (Reuters) - Alexium International (AJX) :
- ALEXIUM AGREES TO REFINANCE OUTSTANDING DEBT FOR EQUITY AND RAISE A MINIMUM OF A$4 MILLION
- TOTAL MINIMUM EQUITY OF A$4 MILLION TO BE RAISED VIA A PLACEMENT
- DEBT FOR EQUITY REFINANCING OF OUTSTANDING CONVERTIBLE NOTE REMOVES ALL SHORT TO MEDIUM-TERM REFINANCING CONCERNS
- PENDING SHAREHOLDER APPROVAL, EQUITY TO BE ISSUED TO COLINTON CAPITAL PARTNERS TO RETIRE OUTSTANDING CONVERTIBLE NOTE
- PROPOSED 2.035 FOR 5 PRO RATA NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE A$3.5 MILLION
- PLACEMENT AT A$0.013 PER SHARE
News: AJX Alexium International Says Alexium Agrees To Refinance Outstanding Debt For Equity
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