July 9 (Reuters) - Retail Food Group Ltd RFG.AX :
* GRANTED SOLITON CAPITAL PARTNERS LIMITED EXCLUSIVITY WHILE DISCUSSIONS CONTINUE AND FURTHER DUE DILIGENCE IS BEING UNDERTAKEN
* RECEIVED AN INDICATIVE NON-BINDING PROPOSAL FROM SOLITON CAPITAL PARTNERS
* INDICATIVE NON-BINDING PROPOSAL FROM SOLITON CAPITAL PARTNERS TO PROVIDE ABOUT $160 MILLION TO RECAPITALISE CO
* SEES ANY RECAPITALISATION PROPOSAL WHICH MAY BE CONCLUDED TO INCLUDE DEBT& EQUITY/EQUITY-LINKED COMPONENTS,MAY BE DILUTIVE TO SHAREHOLDERS