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TORONTO, ONTARIO--(Marketwire - May 24, 2012) - On May 24, 2012, Wajax (TSX:WJX) increased the limit of the revolving term portion of its bank credit facility by $50 million on substantially the same terms and conditions as the existing facility. The fully secured facility, due August 12, 2016, is now comprised of a $30 million non-revolving term portion and a $195 million revolving term portion. At March 31, 2012, Wajax had utilized $101 million of the facility. |