March 22 (Reuters) - Corsa Coal Corp CSO.V
* Announces private placement of common shares for $8
million and amendments to credit agreement
* Reduction in minimum consolidated cash requirement under
credit agreement from $2 million to $1 million
* Co's unit entered into second amending agreement to amend
certain terms of credit agreement governing $25 million credit
facility made available by lenders
* Says to complete a non-brokered private placement for an
aggregate of 207.7 million shares of company to be issued at
c$0.05per share
Source text for Eikon: ID:nCNWHW58Ra
Further company coverage: CSO.V
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