June 26 (Reuters) - Mandalay Resources Corp MND.TO :
* MANDALAY RESOURCES CORPORATION ANNOUNCES NON-BINDING HEADS OF AGREEMENT WITH EQUUS MINING FOR THE OPTION TO ACQUIRE THE CERRO BAYO MINE IN CHILE
* MANDALAY RESOURCES CORPORATION ANNOUNCES NON-BINDING HEADS OF AGREEMENT WITH EQUUS MINING FOR THE OPTION TO ACQUIRE THE CERRO BAYO MINE IN CHILE
* MANDALAY RESOURCES CORP - IN ADDITION, EQUUS WILL ASSUME 50% OF APPROVED SITE CLOSURE COSTS AT CERRO BAYO.
* MANDALAY RESOURCES - SHOULD EQUUS EXERCISE OPTION TO BUY CMBC, CONSIDERATION TO MANDALAY HAS, ISSUE TO MANDALAY OF 19% OF EQUUS' SHARE CAPITAL