Oct 28 (Reuters) - Bannerman Resources Ltd BMN.AX :
* Potential project ownership consolidation, debt extinguishment and new funding
* Says proposed transactions would result in Bannerman moving to 100% ownership of the etango project and becoming debt free
* Discussions in relation to proposed transactions that would deliver a significant project ownership and balance sheet restructure.
* Says no certainty that any agreement will be reached on the proposed transactions
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