July 21 (Reuters) - MGT Resources Ltd MGS.AX :
* Manyingee joint venture with Paladin Energy Ltd MGS.AX
* Signed a binding term sheet with Paladin Energy Limited
* Says MGT will acquire a 30% initial interest in manyingee for US$10 million cash
* Says MGT will then have an option to acquire an additional 45% of manyingee jv from Paladin for US$20 million cash
* Source text for Eikon ID:nASX5k3hjS