July 11 (Reuters) - Kerr Mines Inc KER.TO :
* Kerr Mines Inc. announces initial results of debt
restructuring
* Reached settlement agreements with trade creditors and
certain debt holders representing c$8.4 million of c$22.6
million of current liabilities
* Kerr Mines Inc says Kerr is continuing negotiations with
remaining secured and unsecured debt holders
* Has issued or agreed to issue a total of 6 million million
common shares for certain debt settlement agreements
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