July 20 (Reuters) - ActivEX Ltd AIV.AX :
* Prospect creek gold project - heads of agreement AIV.AX
* Says ccm to earn 50% in a joint venture with ActivEX
* Ccm will earn 50% by managing exploration activities and sole funding exploration expenditure of $200,000 within 18 months
* Says ccm shall manage all exploration operations during the earning period
* ActivEX may contribute to exploration expenditure or dilute after the earning period
* Source text for Eikon ID:nASX1m31F5
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