Aug 31 (Reuters) - Magnum Mining and Exploration Ltd MGU.AX :
* Sale of remaining 40% interest in the tantalite valley project MGU.AX
* Says entered into a sale and purchase agreement (spa) with African Tantalum (Pty) Ltd (Aftan)
* Says agreement in respect of magnum's remaining 40% interest in the Tantalite Valley Project in Namibia
* Funds received will be utilised to expand planned exploration, evaluation and development activities at the gravelotte emerald project
* Source text for Eikon ID:nASX2qk9KB