Feb 15 (Reuters) - Carnavale Resources Ltd CAV.AX :
* Termination of Little Butte project option agreement
* Consequently 21m class a performance shares issued as part of acquisition
terms for little butte project will be redeemed
* Decision to terminate made as number of large cash option payments were due
in next six months without any equity being earned
* Source text for Eikon ID:nASX1fD7tY