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OBT — Orbit Resources News Story

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Brief: Godolphin Resources Enters Into A Farm-In And Joint Venture Agreement With Ex9 Pty Ltd

March 2 (Reuters) - Godolphin Resources Ltd  GRL.AX :
    * ENTERED INTO A FARM-IN AND JOINT VENTURE AGREEMENT WITH
EX9 PTY
LTD
    * AGREEMENT TO EARN UP TO A 75% INTEREST IN NARRABURRA RARE
EARTH
ELEMENT PROJECT
    * ISSUE OF SUCCESS-BASED CO'S SHARES TO COUNTERPARTY, WITH
A$1M OF
SHARES UPON 51% EARN-IN AND A$1M OF SHARES UPON 75% EARN-IN

Source text for Eikon:  ID:nASX4vGQrf 
Further company coverage:  GRL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))

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