22.11.2013 20:12:00

Lightstream Resources Ltd -- Moody's views Lightstream's capital focus as credit positive

Toronto, November 22, 2013 -- On November 21, 2013Lightstream Resources Ltd. (Lightstream) announced that it would live within cash flow by reducing both capital expenditures and its dividend, and would sell non-core assets to reduce debt. These are credit positive moves for Lightstream because both its weak leverage metrics and very high revolver utilization will improve. For additional commentary, please refer to the associated issuer comment available on Moodys.com.

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