Nov 27 (Reuters) - Equity Financial Holdings Inc EQI.TO :
* SMOOTHWATER CAPITAL CORPORATION INCREASES PRICE TO $10.25 PER SHARE IN ITS PROPOSED ACQUISITION OF EQUITY FINANCIAL HOLDINGS INC.
* EQUITY FINANCIAL HOLDINGS INC- EQUITY CONTINUES TO HAVE RIGHT TO CONSIDER UNSOLICITED ALTERNATIVE PROPOSALS THAT COULD RESULT IN A SUPERIOR PROPOSAL