Jan 18 (Reuters) - Imdex Ltd IMD.AX :
* ENTERED INTO AN EXCLUSIVE OPTION AND TECHNOLOGY DEVELOPMENT AGREEMENT TO ACQUIRE FLEXIDRILL LIMITED AND FLEXIDRILL CONSTRUCTION LTD
* OPTION AGREEMENT PROVIDES FOR AN IMMEDIATE PAYMENT OF NZ$5 MILLION
Jan 18 (Reuters) - Imdex Ltd IMD.AX :
* ENTERED INTO AN EXCLUSIVE OPTION AND TECHNOLOGY DEVELOPMENT AGREEMENT TO ACQUIRE FLEXIDRILL LIMITED AND FLEXIDRILL CONSTRUCTION LTD
* OPTION AGREEMENT PROVIDES FOR AN IMMEDIATE PAYMENT OF NZ$5 MILLION