BRIEF-Lightstream says recapitalization will reduce annual interest expense by about $108 mln
Sept 9 (Reuters) - Lightstream Resources Ltd
* Announces mailing of management information circular with respect to proposed plan of arrangement and special meeting
* Board of directors believe that recapitalization represents best alternative available to address company's capital structure and liquidity needs
* Recapitalization will reduce financial risk by retiring about $1.175 billion in debt
* Recapitalization will reduce annual interest expense by about $108 million Source text for Eikon: Further company coverage:
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