Aug 28 (Reuters) - Elixxer Ltd ELXR.V :
* ELIXXER LTD. ANNOUNCES $4 MILLION SECURED LOAN AND PROPOSED PRIVATE PLACEMENT
* ELIXXER - ENTERED LOAN AGREEMENT WITH AIP CONVERTIBLE PRIVATE DEBT FUND L.P. FOR SECURED LOAN OF CAD$4 MILLION
* ELIXXER - INTENDS TO USE PROCEEDS OF LOAN FOR WORKING CAPITAL PURPOSES & TO PURSUE FUTURE INVESTMENTS