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IMAX Corp.

09:46 AM EST - IMAX Corp. : announced a new $10 million revolving letter of credit facility with Bank of Montreal replacing its existing $5 million letter of credit facility with the same bank. The letter of credit facility will be used primarily for letters of credit, and is fully insured by the Export Development Corporation of Canada. IMAX Corp. shares T.IMX are trading up 2 cents at $5.13.