Aug 8 (Reuters) - Copperstone Resources AB (publ) COPPb.ST :
* COPPERSTONE RESOURCES - SIGNED A NON-BINDING LETTER OF INTENT TO ACQUIRE AVALON MINERALS VISCARIA AB FROM SUNSTONE METALS LTD AUSTRALIA
* IF COMPLETED, ACQUISITION WOULD MAKE SUNSTONE LARGEST SHAREHOLDER OF COPPERSTONE
* PURCHASE PRICE AMOUNTS TO 160 MILLION B-SHARES OF COPPERSTONE AND SEK 40M IN CASH UPON CLOSING
* IN ADDITION, 46 MILLION B-SHARES OF COPPERSTONE AND SEK 20M IN CASH UPON RECEIPT OF ENVIRONMENTAL PERMIT