Dec 27 (Reuters) - Murray River Organics Ltd MRG.AX :
* MURRAY RIVER ORGANICS GROUP LIMITED AGREES AMENDMENT TO EXISTING FACILITY WITH ITS FINANCIER, NATIONAL AUSTRALIA BANK LTD
* UNDER TERMS OF AMENDED FACILITY, NAB HAS AGREED TO ACCELERATE DRAWDOWN OF $4M IN TWO TRANCHES
* AGREEMENT BRINGS FORWARD SHORT TERM FUNDING ALLOWING CO TO PROGRESS FY20 HARVEST, CONTINUE TO FUND BUSINESS OPERATIONS
* CO HAS ALSO STARTED TO EXPLORE PARTNERSHIP ARRANGEMENTS REGARDING SIGNIFICANT VACANT ARABLE LAND AT ITS NANGILOC PROPERTY
* EQUITY CAPITAL RAISING IS EXPECTED TO BE FOR A MINIMUM OF $20M