BRIEF-Relentless Resources announces bank facility renewal

Fri May 13, 2016 4:35pm EDT
 
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May 13 (Reuters) - Relentless Resources Ltd :

* Relentless resources announces bank facility renewal

* Renewed company's credit facility with an amended borrowing base of $3 million, of which $2.55 million is currently drawn

* Loan is a revolving term facility and bears interest at prime plus 1.5% per annum Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)