May 13 (Reuters) - Westgold Resources Ltd WGX.AX :
* RNC MINERALS EXERCISED OPTION TO PURCHASE HIGGINSVILLE GOLD OPERATIONS
* RNC WILL PAY WESTGOLD A$21 MILLION BY ISSUANCE OF 49.8 MILLION SHARES IN RNC AND A$25 MILLION IN CASH
May 13 (Reuters) - Westgold Resources Ltd WGX.AX :
* RNC MINERALS EXERCISED OPTION TO PURCHASE HIGGINSVILLE GOLD OPERATIONS
* RNC WILL PAY WESTGOLD A$21 MILLION BY ISSUANCE OF 49.8 MILLION SHARES IN RNC AND A$25 MILLION IN CASH