Brief: Noronex Ltd Says Interest Increased In Kalahari Copper Project
Feb 28 (Reuters) - Noronex Ltd NRX.AX :
* INTEREST INCREASED IN KALAHARI COPPER PROJECT
* AGREED WITH ITS ORIGINAL JV PARTNER IN NAMIBIA THAT CO'S
UNIT
WILL BUY ITS REMAINING 25% INTEREST IN KEY WITVLEI PROJECT
* WITVLEI PROJECT JV VEHICLE HOLDING INCREASED TO 95%
* CO WILL ISSUE 4.4 MILLION SHARES AS CONSIDERATION FOR ITS
PROPORTIONAL SHARE OF ACQUISITION WITH NO CASH PAYABLE
Source text for Eikon: ID:nASX6fbQfK
Further company coverage: NRX.AX
((Reuters.Briefs@thomsonreuters.com;))