Oct 14 (Reuters) - Mount Ridley Mines Ltd MRD.AX :
* MRD ACQUIRES WELD RANGE WEST IRON PROJECT-MRD.AX
* ACQUIRED 100% INTEREST IN WELD RANGE WEST IRON PROJECT
* CONSIDERATION PAYABLE FOR ACQUISITION COMPRISES 300.0 MILLION FULLY PAID ORDINARY SHARES IN CO, AMONG OTHER THINGS