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OTTAWA, CANADA--(Marketwired - July 21, 2017) - DragonWave Inc. (TSX:DRWI)(NASDAQ:DRWI) announces that, further to its press release dated July 20, 2017, the Corporation is in negotiations with potential sources of alternative financing to address the repayment demand and notice of intention to enforce security issued by Comerica Bank, as agent for Comerica Bank and Export Development Canada. There is no assurance that the Corporation will be successful in securing alternative financing on terms that will satisfy its lenders, or at all. |
