April 1 (Reuters) - Macarthur Minerals Ltd MMS.V :
* MACARTHUR MINERALS LTD - TERMINATES LOI WITH TIMELESS CAPITAL CORP, TECHNICAL ASSESSMENT AND VALUATION PLACES HIGHER VALUE ON CO'S PILBARA ASSETS
* MACARTHUR MINERALS LTD - WILL CONTINUE TO HOLD AN OPTION OVER ZANIL GOLD-COPPER TENEMENTS IN CENTRAL GOLDFIELDS REGION
* MACARTHUR MINERALS LTD - INTENDS TO IMMEDIATELY PIVOT INTO AN ALTERNATIVE TRANSACTION STRUCTURE