Jan 17 (Reuters) - Nexus Minerals Ltd NXM.AX :
* NEXUS TO ACQUIRE WALLBROOK GOLD PROJECT FROM SARACEN
* TO BUY WALLBROOK GOLD PROJECT EXPLORATION TENEMENTS PACKAGE FROM SARACEN FOR CONSIDERATION OF 1.49 MILLION NEXUS SHARES
* FOLLOWING BOTH TRANSACTIONS, SARACEN WILL HOLD AN APPROXIMATE 6% EQUITY STAKE IN NEXUS