BRIEF-Niocan amends its $1.2 mln secured non-convertible debenture with Nio-Metals to extend maturity date

Wed Mar 30, 2016 4:18pm EDT
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March 30 (Reuters) - Niocan Inc

* Amended its $1.2 million secured non-convertible debenture with nio-metals holdings llc to extend maturity date from march 31, 2016 to june 30, 2016

* Amended secured debenture was approved by all members of board of directors, except for nominee of nio-metals

* Discussions between niocan and nio-metals regarding a financing to replace amended secured debenture at maturity remain on-going Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)