June 17 (Reuters) - Graphex Mining Ltd GPX.AX :
* CL V INVESTMENT SOLUTIONS DECIDED NOT TO PROCEED WITH SENIOR FUNDING PACKAGE FOR DEVELOPMENT OF CO'S CHILALO GRAPHITE PROJECT
* TO UNDERTAKE SELL-DOWN OR REFINANCING PROCESS FOR CHILALO
* CO & FINANCIER RESTRUCTURED LOAN NOTE SUBSCRIPTION AGREEMENT UNDER WHICH ABOUT $6.2 MILLION IS CURRENTLY OUTSTANDING