Aug 30 (Reuters) - Centaurus Metals Ltd CTM.AX :
* ON COMPLETION OF TRANSACTION WITH VALE, TERRATIVA ELECTS TO CONVERT ROYALTY INTEREST TO A 25% SHARE OF PROJECT SALE PROCEEDS
* GRANTED OPTION TO ACQUIRE ADVANCED, LARGE-SCALE JAGUAR NICKEL SULPHIDE PROJECT IN NORTHERN BRAZIL FROM VALE
* CENTAURUS HAS AGREED TO PAY TERRATIVA UP TO A$3.5 MILLION OVER A PERIOD OF 2.5 YEARS