March 27 (Reuters) - Karora Resources Inc KRR.TO :
* KARORA RESOURCES PROVIDES UPDATE ON EXCLUSIVE DISCUSSIONS
* KARORA RESOURCES - NOTES ANNOUNCEMENT TODAY BY RAMELIUS
RESOURCES THAT IT IS NO LONGER IN EXCLUSIVE DISCUSSIONS WITH
KARORA REGARDING A POTENTIAL DEAL
* EVEN IF A FINAL TRANSACTION IS AGREED UPON, THERE CAN BE
NO
ASSURANCES AS TO ITS TERMS, STRUCTURE OR TIMING
* CONFIRMS THAT IT IS CURRENTLY ENGAGED IN EXCLUSIVE
NEGOTIATIONS
WITH NEW THIRD PARTY REGARDING A POTENTIAL BUSINESS COMBINATION
* NO DEFINITIVE AGREEMENT HAS BEEN REACHED AND THERE CAN BE
NO
ASSURANCE THAT ANY TRANSACTION WILL RESULT FROM THESE
DISCUSSIONS
Source text for Eikon: ID:nCNWJ3x3qa
Further company coverage: KRR.TO
((Reuters.Briefs@thomsonreuters.com;))