Brief: Nagambie Resources Says Co And Alkane Sign Binding Term Sheet For Joint Venture
Jan 30 (Reuters) - Alkane Resources ALK.AX: CO AND ALKANE SIGN BINDING TERM SHEET FOR JOINT VENTURE ALKANE TO SPEND A$27.5 MILLION TO EARN 80% INTEREST IN TENEMANTS ALKANE TO SUBSCRIBE FOR A$2.5 MILLION OF NAG SHARES CO RETAINS 100% OF WHROO MINES AND WANDEAN PROJECTS Further company coverage: ALK.AX ((Reuters.Briefs@thomsonreuters.com;))