Aug 12 (Reuters) - Namoi Cotton Ltd NAM.AX :
* UPDATES ON RESTRUCTURE OF JV PARTNERSHIP NAMOI COTTON ALLIANCE
* PARTIES AGREED TO EXTEND VALIDITY OF RESTRUCTURE TERM SHEET
Aug 12 (Reuters) - Namoi Cotton Ltd NAM.AX :
* UPDATES ON RESTRUCTURE OF JV PARTNERSHIP NAMOI COTTON ALLIANCE
* PARTIES AGREED TO EXTEND VALIDITY OF RESTRUCTURE TERM SHEET