July 18 (Reuters) - MOD Resources Ltd MOD.AX :
* BINDING AGREEMENTS WITH MTR TO ACQUIRE MTR'S 30% STAKE IN T3 PROJECT
* TOTAL CONSIDERATION FOR TRANSACTION EQUATES TO ABOUT A$26.6 MILLION
* DEAL 14 PERCENT ACCRETIVE FOR MOD SHAREHOLDERS IN TERMS OF PER SHARE OWNERSHIP OF T3 PROJECT
* AT COMPLETION OF DEAL, MOD WILL OWN 100 PERCENT OF T3 PROJECT