Aug 10 (Reuters) - Heron Resources Ltd HRR.AX :
* Heron's gold-nickel spin-out HRR.AX
* Committed to restructuring its Non-Woodlawn asset portfolio in New South Wales (NSW) and Western Australia
* Proposed transaction would allow for the creation of two distinct companies, Heron and Ardea
* Says Ardea will undertake a public offer, with Heron shareholders having a priority entitlement
* Source text for Eikon ID:nASX8Hpybb