April 6 (Reuters) - Aorere Resources Ltd AOR.NZ :
* ENTERED AGREEMENT TO ACQUIRE ALL INDUSTRIAL NETWORK LIMITED
* DEAL FOR NZ$53 MILLION
* DEAL FOR ABOUT NZ$53 MILLION, TO BE PAID THROUGH AN ISSUE OF NEW AOR SHARES
* FOLLOWING ACQUISITION, EXISTING AOR DIRECTORS WILL RESIGN AND NEW DIRECTORS WILL BE APPOINTED
* FOLLOWING DEAL, AOR INTENDS TO CHANGE ITS NAME TO SMW GROUP LTD
* NEW DIRECTORS CHRISTOPHER LEON, JOHN TRENAMAN, OLIVER SABU AND GREG KERN WILL BE APPOINTED
* AOR TO SATISFY PURCHASE PRICE THROUGH ISSUE OF ABOUT 53 MLN FULLY PAID ORDINARY SHARES IN CO AT NZ$1.0 PER SHARE