May 22 (Reuters) - Feronia Inc FRN.V :
* FERONIA INC. REPORTS 2019 FINANCIAL RESULTS; ANNOUNCES SHORT TERM DEBT FINANCING, PROPOSED RESTRUCTURING AND DIRECTOR CHANGES
* FERONIA INC - FERONIA MAIA SRL HAS ENTERED INTO A LOAN FACILITY FOR UP TO $15.0 MILLION
* FERONIA INC - COMPANY AND EACH OF ITS UNITS HAS ENTERED INTO SUPPORT AGREEMENT WITH KKM AND CDC GROUP PLC
* FERONIA INC - CO WILL FIRST ENGAGE AN INDEPENDENT FINANCIAL ADVISOR TO CONDUCT THIRD-PARTY SALE PROCESS FOR CO AND ITS ASSETS
* FERONIA INC - LARRY SERUMA HAS BEEN APPOINTED AS EXECUTIVE CHAIRMAN OF CO
* FERONIA INC - CDC HAS AGREED TO SUSPEND ITS EXISTING RIGHTS TO NOMINATE DIRECTORS TO BOARD DURING RESTRUCTURING PERIOD
* FERONIA INC - DAVID OSBORNE AND ANDREW BROWN HAVE ALSO RESIGNED AS DIRECTORS
* FERONIA INC - KAMAL PALLAN HAS BEEN APPOINTED TO JOIN BOARD AS A FURTHER NON-EXECUTIVE DIRECTOR NOMINEE OF KKM