Dec 22 (Reuters) - Archer Materials Ltd AXE.AX :
* SALE OF TWO EYRE PENINSULA TENEMENTS-AXE.AX
* PURCHASE PRICE OF $2.0 MILLION
* TO BE GRANTED A 2% NET SMELTER RETURN ROYALTY ON MINERALS EXTRACTED FROM TENEMENTS
Dec 22 (Reuters) - Archer Materials Ltd AXE.AX :
* SALE OF TWO EYRE PENINSULA TENEMENTS-AXE.AX
* PURCHASE PRICE OF $2.0 MILLION
* TO BE GRANTED A 2% NET SMELTER RETURN ROYALTY ON MINERALS EXTRACTED FROM TENEMENTS