BRIEF-Chieftain Metals, unit says had $24.8 mln of debt outstanding at March 31

Wed Apr 6, 2016 7:03pm EDT
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April 6 (Reuters) - Chieftain Metals Corp :

* Chieftain Metals Corp Provides update on corporate debt

* Co and unit, Chieftain Metals Inc had $24.75 million of debt outstanding at March 31, 2016 with fund advised by West Face Capital Inc

* Says west face has issued a notice of non-payment in respect of accrued interest and fees

* Says working cooperatively with west face to seek to resolve this matter and to move forward Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)