Dec 6 (Reuters) - Protean Energy Ltd POW.AX :
* Protean to acquire 50% stake in flow battery manufacturer
* Entered into a binding term sheet with Korea Resource Investment & Development
* Acquisition will be made through issue of 189 million protean shares at a price of a$0.01 per share subject to shareholder approval Source text for Eikon: ID:nASX7RX5yT Further company coverage: POW.AX