June 4 (Reuters) - Aeris Resources Ltd AIS.AX :
* TO ACQUIRE CRACOW GOLD MINE FROM EVOLUTION
* AERIS RESOURCES LTD - TO PAY EVOLUTION A$60M IN CASH
* ENTERED INTO A BINDING AGREEMENT WITH EVOLUTION MINING
* INTENDS TO FUND TRANSACTION THROUGH A FULLY UNDERWRITTEN A$40M EQUITY RAISING AND A$30M ACQUISITION BRIDGE DEBT FACILITY
* TO PAY EVOLUTION A$60M IN CASH UPON CLOSING OF DEAL, A DEFERRED PAYMENT OF A$15M ON 30 JUNE & OTHERS
* OVER 2 YEAR PERIOD TO 30 JUNE 2022, EXPECTS CRACOW TO GENERATE OVER A$100M OF NET MINE CASHFLOWS AT CURRENT GOLD PRICE