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OTTAWA, CANADA--(Marketwired - July 20, 2017) - DragonWave Inc. (TSX:DRWI)(NASDAQ:DRWI) ("The Corporation" or "DragonWave") has received from Comerica Bank, as agent for Comerica Bank and Export Development Canada, a repayment demand of US$17,243,336. The Corporation also received a notice of intention to enforce the security under the June 1, 2012 Revolving Credit Agreement, pursuant to section 244(1) of the Bankruptcy and Insolvency Act (Canada) (the "Notice of Intention to Enforce"). |
