Jan 27 (Reuters) - Indo Mines Ltd IDO.AX :
* Acquisition of 51% of Sapex Oil Tools Limited
* Entered into an agreement for the acquisition of a 51% stake in Sapex Oil
Tools Limited
* The total purchase price for the acquisition will be US$3 mln
* This will be funded via US$1 mln cash from Indo Mines' cash reserves
* Source text for Eikon ID:nASXbwbWDv