Dec 6 (Reuters) - Callidus Capital Corp CBL.TO :
* CALLIDUS CAPITAL SPECIAL COMMITTEE RESPONDS TO BRASLYN'S ANNOUNCEMENT OF A NON-BINDING PROPOSAL TO ACQUIRE CALLIDUS SHARES
* SPECIAL COMMITTEE HAS BEEN IN PROCESS OF REVIEWING, DISCUSSING, NEGOTIATING PROPOSAL WITH BRASLYN SINCE RECEIVING IT ON NOV 28
* SPECIAL COMMITTEE INTENDS TO CONTINUE TO PURSUE DISCUSSION OF PROPOSAL WITH BRASLYN