July 27 (Reuters) - Deutsche Rohstoff AG DR0G.DE :
* Subscribes 650,000 Australian dollars ($472,680) convertible bond/financing of further exploration activity in Mount Isa region secured
* Australian company Hammer Metals HMX.AX in which Deutsche Rohstoff holds a share of 17.3 pct, has successfully raised 1,000,000 Australian dollars to continue exploration activities at their Mount Isa tenements
* A significant portion of funds totaling 650,000 Australian dollars were contributed from Deutsche Rohstoff through a convertible loan agreement
* Convertible loan term is 24 months from date of execution with interest accruing at 10 pct per annum
Source text for Eikon: ID:nEQbQGwVxa
Further company coverage: DR0G.DE ($1 = 1.3751 Australian dollars) (Gdynia Newsroom)