Sept 13 (Reuters) - Troy Resources Ltd TRY.AX :
* Try to convert currency of loan facility and resets hedging TRY.AX
* Has initiated the process of converting troy's A$100 million loan facility with investec into a us$ denominated arrangement
* Agreed a reduction in its mandatory hedging requirement from 100,000oz to 75,000oz of gold realizing a gain of approximately US$10 million
* Says reduced hedging profile has an average price of just over us$1,100/oz
* Conversion also serves to lock in benefits gained from recent weakness in the local currency during the construction of karouni"
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