Sept 17 (Reuters) - Holly Street Capital Ltd HSCp.V :
* HOLLY STREET CAPITAL LTD. ANNOUNCES LETTER OF INTENT FOR
QUALIFYING TRANSACTION WITH SOUTHERN SKY RESOURCES CORP.
* HOLLY STREET CAPITAL LTD - ENTERED INTO BINDING LOI DATED
SEPT
10 WITH SOUTHERN SKY RESOURCES CORP IN RESPECT OF PROPOSED
BUSINESS COMBINATION
* HOLLY STREET CAPITAL LTD - IT IS ANTICIPATED THAT HOLLY
WILL
ACQUIRE ALL OF ISSUED AND OUTSTANDING SOUTHERN SKY SHARES
* HOLLY STREET CAPITAL LTD - ANTICIPATED THAT RESULTING
ENTITY
WILL CONTINUE BUSINESS OF SOUTHERN SKY UNDER A NAME TO BE
DETERMINED BY SOUTHERN SKY
Source text for Eikon: ID:nGNX5DFdHK
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((Reuters.Briefs@thomsonreuters.com;))