Sept 9 (Reuters) - Lightstream Resources Ltd LTS.TO
* Announces mailing of management information circular with respect to proposed plan of arrangement and special meeting
* Board of directors believe that recapitalization represents best alternative available to address company's capital structure and liquidity needs
* Recapitalization will reduce financial risk by retiring about $1.175 billion in debt
* Recapitalization will reduce annual interest expense by about $108 million Source text for Eikon: ID:nCCN73yfwc Further company coverage: LTS.TO