Nov 1 (Reuters) - Gryphon Capital Income Trust GCI.AX :
* GRYPHON CAPITAL INCOME TRUST ANNOUNCES $103.6 MILLION NON-RENOUNCEABLE ENTITLEMENT OFFER AND SHORTFALL OFFER
* GRYPHON CAPITAL INCOME TRUST ANNOUNCES 1 FOR 3 NON-RENOUNCEABLE ENTITLEMENT OFFER TO EXISTING UNITHOLDERS AT AN OFFER PRICE OF $2.01 PER NEW UNIT