July 11 (Reuters) - Auroch Minerals Ltd AOU.AX :
* ENTERED FORMAL SHARE SALE AGREEMENT WITH MINOTAUR EXPLORATION LTD TO ACQUIRE SAINTS AND LEINSTER NICKEL PROJECTS
* AT COMPLETION, MINOTAUR MAY APPOINT ONE DIRECTOR TO AUROCH'S BOARD.
* AUROCH HAS AGREED TO ISSUE 1.8 MILLION ORDINARY SHARES TO PARTY THAT INTRODUCED ACQUISITION.
* CONSIDERATION FOR ACQUISITION 18.3 MILLION SHARES, WILL RESULT IN MINOTAUR HAVING A 15.2% STAKE IN CO