May 27 (Reuters) - REC Silicon ASA RECSI.OL:

• REC SILICON: REC SILICON – ANNOUNCES THE CLOSE OF A USD 10.0M SHORT TERM LOAN WITH HANWHA GLOBAL AMERICAS CORPORATION

• MATURITY DATE OF EXTENDED LOAN IS MAY 27, 2027

• LACKS SUFFICIENT CASH FOR DEBT SERVICE AND OPERATING REQUIREMENTS

• TO REQUIRE ADDITIONAL FINANCING BEYOND CURRENT LOAN

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