Aug 25 (Reuters) - MGC Pharmaceuticals Ltd MXC.AX :
* MGC PHARMACEUTICALS - SIGNED TERM SHEET TO PARTNER WITH SVETLANA KOPACHEVSKAJA, & KEY ASSOCIATED INVESTMENT PARTNERS TO ESTABLISH A JV CO
* MGC PHARMACEUTICALS - JV CO TO FACILITATE REGISTRATION OF ARTEMIC AS A MEDICINE IN RUSSIA
* MGC PHARMACEUTICALS - JV CO WILL BE 70% OWNED BY CO & 30% OWNED BY PARTNERS