July 1 (Reuters) - Avenira Ltd AEV.AX :
* TO SELL ITS INTERESTS IN BAOBAB PHOSPHATE PROJECT AND NOVAPHOS TO A CONSORTIUM OF ITS MAJOR SHAREHOLDERS
* TO RECEIVE CASH CONSIDERATION OF US$3 MILLION AND LOAN AND DIRECTOR FEES FORGIVENESS OF ABOUT US$1.2 MILLION FOR TOTAL VALUE OF ABOUT US$4.2 MILLION
* LOUIS CALVARIN TO STEP DOWN AS MANAGING DIRECTOR AND CEO