Oct 7 (Reuters) - Bowen Coking Coal Ltd BCB.AX :
* TERM SHEET SIGNED WITH SUMITOMO FOR HILLALONG FARM IN
* TERM SHEET SIGNED WITH SUMITOMO CORPORATION FOR A FARM‐IN AGREEMENT ON HILLALONG COKING COAL PROJECT
* SUMITOMO TO EARN INITIAL 10% BY FUNDING $2.5M OF EXPLORATION EXPENDITURE, WITH RIGHT TO ADDITIONAL 10% BY FURTHER $5M IN FUNDING