Toronto, May 28, 2014 -- Moody's: On May 27, 2013Lightstream Resources Ltd. (Lightstream) announced that it will sell assets worth C$98 million in southeast Saskatchewan bringing total asset dispositions to C$351 million for the year. This is a credit positive move for Lightstream because the proceeds will be used to repay debt under its revolver, improving its weak leverage metrics and reducing the very high revolver utilization. For additional commentary, please refer to the associated issuer comment available on Moodys.com.
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