June 30 (Reuters) - Tesla Exploration Ltd TXL.TO
* Canadian lender has extended availability of company's
demand credit facility in Canada to July 8, 2016
* Uk demand overdraft facility remains at £1.8 million
subject to reductions at any time
* Make no assurances with respect to its ability to reach an
agreement
* Failure to reach an agreement would have a material
adverse effect on company
* Continues to work with both its UK and Canadian lenders to
achieve an agreement
* Tesla provides credit facility update
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