April 23, 2018 / 3:09 PM / 8 months ago

BRIEF-Marret Resource Announces Proposed Financing, Change Of Strategy, And Related Transactions

April 23 (Reuters) - Marret Resource Corp:

* MARRET RESOURCE CORP. ANNOUNCES PROPOSED FINANCING, CHANGE OF STRATEGY, AND RELATED TRANSACTIONS

* MARRET RESOURCE - PURSUANT TO A NON-BINDING LOI WITH BC PARTNERS ADVISORS , IT PROPOSES TRANSACTION WHEREBY CO WILL RAISE NOT LESS THAN C$25 MILLION

* MARRET RESOURCE - PROCEEDS FROM FINANCING WILL BE UTILIZED PRIMARILY TO ACQUIRE DIVERSIFIED U.S. LOAN PORTFOLIO Source text for Eikon: Further company coverage:

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