July 27 (Reuters) - Brockman Mining Ltd 0159.HK :
* UNIT ENTERED INTO A FARM-IN AND JOINT VENTURE WITH POLARIS
* POLARIS WILL PROVIDE AN INTEREST-FREE LOAN OF AUD10 MILLION TO BROCKMAN IRON FOLLOWING FARM-IN DATE UNDER LOAN AGREEMENT
* MAXIMUM CAPITAL COMMITMENT FOR DEVELOPMENT ACTIVITIES BY CO OF $150 MILLION
* EACH PARTY WILL HOLD A 50 PERCENT INTEREST