July 22 (Reuters) - Hodges Resources Ltd HDG.AX :
* Company activities update HDG.AX
* US$750K Ghana project sale agreement signed and initial payment made.
* Acquisition of nz iron sands interest from rio tinto nearing completion.
* Says continues to implement cost reduction strategies
* In New Zealand advanced arrangements regarding low cost iron sand project announced during last quarter of 2014
* Source text for Eikon ID:nASX8WVFHN
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