Nov 4 (Reuters) - Wpg Resources Ltd WPG.AX :
* Wpg's option to acquire the challenger gold project WPG.AX
* Refers to ASX announcement by Marmota Energy that appears to be an open offer to Kingsgate Consolidated
* DMPL will subscribe for between approximately 25 million and 37.5 million WPG shares at a price of 3.1 cents per share
* Says subscription will raise from $800,000 to $1.2 million for WPG
* Source text for Eikon ID:nASX7HLg60