** Shares of Magnis Energy Technologies Ltd fall as much as 56.8% to A$0.035, on track for their worst day ever, if losses hold
** The lithium-ion battery maker's shares hit lowest level since Sept. 2013
** Co provides update on $100 mln senior secured term loan credit agreement between Imperium3 New York, a unit of co and and Charge CCCV LLC and other lenders
** Says Imperium3 was served with a notice of default from the lender alleging that various events of default
** Says lender stated that it may seek to enforce security it has over assets of Imperium3 if a resolution acceptable to lender has not been reached by 14 Nov
** Co says enforcement of lender's security against assets may have a material adverse impact on group's FY2024 financial performance if a resolution is not reached
** About 14.8 mln shares change hand compared to 30-day average trading volume of 4.7 mln shares
** MNS down 78.1% YTD as of last close
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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