April 29 (Reuters) - Alara Resources Ltd AUQ.AX :
* UPDATES ON INVESTMENT AGREEMENT, SAYS SAMA GLOBAL HAS EXPRESSED INTEREST IN TAKING EQUITY STAKE IN AL HADEETHA RESOURCES LLC
* TERMS OF NEW DEAL EXPECTED TO INCLUDE REPLACING 1.5% P.A. FEE WITH A FEE OF 3 - 5% P.A.
* UNDER NEW TERMS, DISCUSSES A SEPARATE BUT LINKED TRANSACTION OF SALE OF A 5% TO 15% INTEREST IN AL HADEETHA COPPER PROJECT