Nov 21 (Reuters) - Bowen Coking Coal Ltd BCB.AX :
* TERM SHEET SIGNED WITH M RESOURCES TRADING, TO FORM COAL MARKETING JV, AND A$15M FINANCE FACILITY FOR BCB PROJECT DEVELOPMENT
* COAL MARKETING JV TO BE GRANTED SOME MARKETING RIGHTS FOR SALE OF BCB COKING COAL & OWNED 50/50 BY BCB & M RESOURCES TRADING
* M RESOURCES TRADING MANAGING DIRECTOR MATT LATIMORE TO JOIN BCB BOARD AS NON-EXECUTIVE DIRECTOR ON COMPLETION