May 1 (Reuters) - Alcanna Inc CLIQ.TO :
* ALCANNA ANNOUNCES NEW REVOLVING CREDIT FACILITY
* ALCANNA INC - IT HAS ENTERED INTO A NEW SENIOR SECURED $70 MILLION ASSET-BASED REVOLVING CREDIT FACILITY
* ALCANNA INC - CREDIT FACILITY ALSO INCLUDES AN UNCOMMITTED $15 MILLION BORROWING AVAILABILITY EXPANSION FEATURE
* ALCANNA INC - NEW CREDIT FACILITY REPLACES COMPANY'S PRIOR CREDIT AGREEMENT, WHICH WAS SCHEDULED TO EXPIRE IN SEPTEMBER
* ALCANNA - PLANS TO USE CREDIT FACILITY TO FINANCE INVESTMENTS IN NEW WINE, BEYOND STORES IN ALBERTA, BC AND ONTARIO IF ONTARIO GOVERNMENT'S REFORM OF LIQUOR RETAIL SO PERMITS