Nov 13 (Reuters) - Havilah Resources HAV.AX:
EXECUTION OF BINDING TERM SHEET FOR KALKAROO COPPER-GOLD PROJECT, OTHERS, WITH HAVILAH RESOURCES
IN DEAL, SANDFIRE MAY EARN 80% INTEREST IN KALKAROO FOR A$105M UPFRONT CONSIDERATION (70% SCRIP AND 30% CASH), OTHERS
WILL COMMIT A$30M TO REGIONAL EXPLORATION ACROSS MINIMUM 24-MONTH PERIOD
Further company coverage: HAV.AX
((Reuters.Briefs@thomsonreuters.com;))