December 23, 2016 / 2:13 PM / 9 months ago

BRIEF-Kontrol Energy enters into letter of intent for $4 mln of debt acquisition financing

Dec 23 (Reuters) - Kontrol Energy Corp :

* Kontrol Energy Corp - has entered into debt settlement agreements with two arm’s length creditors of company

* Kontrol Energy Corp - terms of financing are subject to a non-disclosure agreement.

* Kontrol Energy Corp enters into a letter of intent for $4 million of debt acquisition financing and completes third tranche closing of private placement Source text for Eikon: Further company coverage:

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