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LR Luminex Resources News Story

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Brief: Luminex Resources Announces Signing Of A Binding Earn-In Agreement With BHP

July 15 (Reuters) - Luminex Resources Corp  LR.V :
    * LUMINEX ANNOUNCES THE SIGNING OF A BINDING EARN-IN
AGREEMENT
WITH BHP
    * LUMINEX RESOURCES CORP - BHP WILL PAY US$0.1 MILLION TO
LUMINEX
DUE UPON SIGNING EARN-IN AGREEMENT
    * LUMINEX RESOURCES CORP - BHP WILL HAVE RIGHT TO EARN AN
ADDITIONAL 9% OWNERSHIP INTEREST IN JOINT VENTURE COMPANY
    * LUMINEX RESOURCES CORP - BHP WILL PAY US$0.2 MILLION DUE
UPON
COMPLETION OF TRANSFER OF PROPERTY TO JOINT VENTURE COMPANY
    * LUMINEX RESOURCES CORP - BHP WILL ALSO REIMBURSE EXPENSES
TOTALING APPROXIMATELY US$0.2 MILLION

Source text for Eikon:  ID:nGNXmh94M 
Further company coverage:  LR.V 

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

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