June 15 (Reuters) - Hexagon Resources Ltd (HXG) :
- Reached a financial settlement which effectively resolves outstanding issues arising from a terminated merger proposal
- "Full benefit of cash received will be reflected in next set of quarterly accounts"
- Refers to framework agreement for proposed merger with China Sciences Hengda Graphite Co
- "Hexagon has no further involvement or claims in respect of Hengda debt, other than a small residual payment due in three months"
