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BrenX Reaches Settlement With European Investment Bank To Eliminate $4.8M Debt Facility, Reducing Liabilities By 54% And 77% Increase In Shareholders' Equity

BenzingaBenzinga Newsdesk

Settlement Provides for Elimination of Existing EIB Facility and Release of Related Security; Management Estimates Indicate Approximately 54% Reduction in Total Liabilities and 77% Increase in Shareholders'

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