July 24 (Reuters) - Bounty Mining Ltd B2Y.AX :
* NEGOTIATING PROPOSAL WITH GLENCORE TO ENABLE CO TO MEET REMAINING OBLIGATIONS UNDER ASSET SALE AGREEMENT FOR COOK COLLIERY ASSETS
* GLENCORE AND CO AGREED TO FURTHER EXTENSION TO 5.00PM (SYDNEY TIME) ON 29 JULY TO ALLOW TIME FOR CO TO CONCLUDE CURRENT NEGOTIATIONS