June 4, 2020 / 5:06 AM / a month ago

BRIEF-Leclanche Draws Down Second Tranche Of CHF 720,000 From Convertible Loan Facility

June 4 (Reuters) - Leclanche SA:

* EQS-ADHOC: LECLANCHÉ DRAWS DOWN A SECOND TRANCHE OF CHF 720,000 FROM THE CONVERTIBLE LOAN FACILITY OF UP TO CHF 39 MILLION WITH YORKVILLE ADVISORS

* INITIAL CHF 2.9 MILLION TRANCHE UNDER CONVERTIBLE LOAN FACILITY WITH YORKVILLE ADVISORS WAS DRAWN DOWN IN FEBRUARY 2020

* SECOND CHF 720,000 TRANCHE WILL BE USED TO FUND COMPANY OPERATIONS AND EXPANSION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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