Sept 1 (Reuters) - E&A Ltd EAL.AX :
* Says entered into a funding agreement with LIM Opportunistic Credit Master Fund
* Says term of the convertible loan is 24 months
* Says convertible loan facility is able to be drawn in two advances ; the initial advance of US$6 million will be drawn immediately
* Agreement to provide a secured convertible loan facility of up to US$10 million with equity conversion rights
* Says young will assume the role of Managing Director
* Source text for Eikon ID:nASXlTw6D