Aug 13 (Reuters) - Mantle Mining Corp Ltd MNM.AX :
* Reached agreement with deed administrators and secured creditor of Morning
Star Gold NL to acquire rights to 95% interest in MCO
* Says "consideration for the convertible note is a cash payment of $750,000"
* Under the transaction, Mantle will also have obligations to pay or procure
mco to pay a further $3.0 million in staged payments
* Secured creditor will also be granted a 1% gross sales royalty for the first
5 years of production"
* Source text for Eikon ID:nASX4Rrzwr
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