Nov 12 (Reuters) - Quantum Resources Ltd QUR.AX :
* Proposed acquisition of logitag systems QUR.AX
* Says signed an exclusive option agreement to acquire 100% of the issued share capital in logitag
* Will issue 290 million new shares to the vendors of logitag in exchange for 100% of the issued capital in logitag
* Says quantum has agreed to pay an option fee of $250,000 to the vendors
* Source text for Eikon ID:nASX2qP4VM