Aug 12 (Reuters) - Australian Zircon NL AZC.AX :
* Potential share sale by major shareholder AZC.AX
* Informed by its largest shareholder it has entered into a terms sheet
* Dcm noted to co that it will keep company informed on the progress with the conditions of the terms sheet
* "Is also informed that the entry into the terms sheet does not give rise to any restrictions on dcm in continuing to negotiate"
* Source text for Eikon ID:nASX3k8q06