Oct 12 (Reuters) - Hazer Group Ltd HZR.AX :
* EXECUTED NON-BINDING TERM SHEET WITH AP VENTURES FUND II GP LLP FOR INVESTMENT IN CO
* UNDER PROPOSED AGREEMENT, APV WILL MAKE $4 MILLION INVESTMENT IN CO & ACQUIRE 4 MILLION UNLISTED NOTES & 2.25 MILLION UNLISTED OPTIONS IN CO