July 31 (Reuters) - Profound Medical Corp PRN.TO :
* PROFOUND MEDICAL ANNOUNCES TERM LOAN AGREEMENT WITH CIBC INNOVATION BANKING
* PROFOUND MEDICAL CORP - TERM LOAN AGREEMENT PROVIDES PROFOUND WITH UP TO $18.75 MILLION OF AVAILABLE BORROWING CAPACITY
* PROFOUND MEDICAL - TO USE PROCEEDS TO REPAY ITS CURRENT DEBT, INCLUDING REMAINING BALANCE UNDER ITS APRIL 2015 LOAN AGREEMENT WITH KNIGHT THERAPEUTICS