BRIEF-Macarthur Minerals enters MOU with Venturex Resources

Fri May 27, 2016 8:23am EDT
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May 27 (Reuters) - Macarthur Minerals Ltd :

* Entered MOU with Venturex Resources Ltd to enter into farm-in, JV for rights to lithium on VXR's sulphur springs project, Australia

* Company will earn into 51% of rights for lithium on sulphur springs by paying expenditure over a period of time Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)