May 18 (Reuters) - Crusader Resources Ltd CAS.AX -
* Proposed acquisition of crusader
* Transaction values each crusader share at a deemed offer price of a$0.18
* Signed a non-binding heads of agreement with london aim-listed stratex international plc
* Under proposed transaction each crusader share will be exchanged for 6.60 stratex shares Source text for Eikon: ID:nASX3wrST3 Further company coverage: CAS.AX