BRIEF-Terrace announces restructuring plans

Thu Mar 31, 2016 8:58am EDT
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March 31 (Reuters) - Terrace Energy Corp

* Terrace announces restructuring plans

* Intends to rely on combination of capital deferrals, cost reductions (G&A), exchange of outstanding convertible notes to preserve cash Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)