February 21, 2017 / 2:41 PM / in 8 months

BRIEF-Clarocity Corporation announces amended debt facility

Feb 21 (Reuters) - Clarocity Corp

* Clarocity corporation announces amended debt facility

* Clarocity corp says initial $4 million facility has been drawn down, co and stableview have agreed to increase amount available for drawdown to $6 million

* Clarocity corp - debentures will bear an interest rate of 15% per annum payable quarterly in cash or in common shares at option of stableview

* Clarocity corp - debentures will mature on September 21, 2019

* Clarocity - will issue up to aggregate amount of $2 million in principal amount of debentures at price of $1,000 per $1,000 principal amount of debenture Source text for Eikon: Further company coverage:

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