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Actionable news in LAKE: Lakeland Industries, Inc.,

Entry into a Material Definitive

On October 10, 2015, Lakeland Industries, Inc.s China subsidiary, Weifang Lakeland Safety Products Co., Ltd (WF), and Bank of China Anqui Branch (BOC) completed an agreement for WF to refinance its existing line of credit with BOC. This refinances a loan from BOC to WF on the same terms in the amount of up to RMB 5,000,000 (approximately USD $789,000). WF intends to draw down most of the loan amount, if not all, within a relatively short period of time. Below is a summary of the material terms of the loan facility:


Amount of loan:

RMB 5,000,000...