News: MPJ Mining Projects Group says co to acquire Pilbara lithium-gold project

Jan 28 (Reuters) - Mining Projects Group Ltd (MPJ) :

• Mining Projects to acquire pilbara lithium-gold project (MPJ)
• Agreed to acquire the "lynas find assets"to be renamed the pilbara lithium-gold project
• Company has entered into a placement agreement with cps capital
• Mining Projects has agreed to pay a combination of cash and shares for pilbara
• Says placement to raise $1.2 million before associated costs
• Agreed to acquire the "lynas find assets" from Tyranna Resources and Tribal Mining Pty Ltd.