March 18 (Reuters) - Candy Club Holdings Ltd CLB.AX :
* CANDY CLUB HOLDINGS LTD- ENTERED INTO A NON-BINDING TERM SHEET WITH AN INVENTORY FINANCING LENDER OF UP TO US$1.5 MILLION
* CANDY CLUB- ALSO RECEIVED SEVERAL TERM SHEETS FROM ACCOUNTS RECEIVABLE AND PURCHASE ORDER LENDERS, WILL ENTER INTO THESE AGREEMENTS CONCURRENTLY