BUZZ-Australia's Latitude 66 rise on sale of interest in joint venture** Shares of Latitude 66 LAT.AX up 82.6% at A$0.042, highest level since June 10
** Mineral explorer enters non-binding term sheet for the sale of its 17.5% interest in the Greater Duchess Joint Venture with an upfront cash consideration of A$2.0 million ($1.32 million) to Argonaut Partners Pty and Neon Space Pty
** Transaction has potential to deliver immediate non-dilutive funding and potential for further contingent value realisation, adds co
** About 704, 00 shares change hands, 4.5x 30-day average of vol
** Stock down 39.5% this year, as of last close
($1 = 1.5200 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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