Oct 1 (Reuters) - Walker Lane Exploration Inc WKLN.PK :
* WALKER LANE EXPLORATION ACQUIRING MAJORITY STAKE IN CBD
COSMETICS COMPANY
* WALKER LANE EXPLORATION - PHILLIP ALLEN WILL CONTINUE AS
CEO,
CHAIRMAN OF CO, TONY PANASUK WILL CONTINUE AS CFO OF CO & SERVE
AS CEO & CFO OF CBDI
* WALKER LANE EXPLORATION - WILL ACQUIRE 55% OF OUTSTANDING
CBDI
SHARES & WILL RETAIN ADMINISTRATIVE CONTROL OF COMBINED COS
Source text for Eikon: ID:nPn4tHMtVa
Further company coverage: WKLN.PK
((Reuters.Briefs@thomsonreuters.com))