Nov 24 (Reuters) - Cove Resources Ltd CVE.AX :
* Cove to acquire bidenergy CVE.AX
* As consideration for acquisition Cove will issue 201.4 million Cove shares and 38.6 million Cove options to shareholders of Bidenergy
* Will also issue up to 70 million performance shares which will vest in two even tranches upon achievement of revenue milestones
* Says Cove will seek a change of Board with the existing chairman, Winton Willesee
* Source text for Eikon ID:nASXpJnxr