Nov 27 (Reuters) - Merlin Diamonds Ltd MED.AX :
* Financing to fund recommencement of Merlin diamond operation MED.AX
* Says company expects to complete refurbishment and recommission the Merlin processing plant in Q3 FY 2016
* Says proposes to raise up to $10 million through the issue unlisted debt notes (notes) to wholesale investors
* Financing is expected to provide adequate funding to recommence mining operations at Merlin diamond mine in northern territory
* Merlin will seek to raise a minimum of $7MLN under the note offer from institutional and wholesale investors
* Proceeds from the notes offer will support refurbishment and commissioning of the Merlin processing plant
* Source text for Eikon urn:newsml:reuters.com:*:nASXczGYM