Sept 3 (Reuters) - Middle Island Resources Ltd MDI.AX :
* MIDDLE ISLAND RESOURCES SAYS TAJIRI RESOURCES EXERCISED ITS OPTION TO FULLY ACQUIRE MDI'S REO GOLD PROJECT IN BURKINA FASO, WEST AFRICA
* TRANSACTION COMPRISES OF US$335,000 CASH PAYMENT TO MIDDLE ISLAND AND 5 MLN FULLY PAID TAJ ORDINARY SHARES Source: Further company coverage: MDI.AX