Aug 5 (Reuters) - Gulf Minerals Corporation Ltd GMC.AX :
* Gulf secures US$10M cornerstone investment
* Has entered into a binding term sheet with Marthen Amtiran
* Capital injection allows gulf to commence the preparatory works at kupang site
* Company is well advanced in discussions to purchase the initial smelting furnaces from South Africa
* Gulf minerals corp- following US$10 million investment, pak marthen will have six month option to purchase additional 5% interest in pt gulf for US$7 million
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