March 8 (Reuters) - Kula Gold Ltd KGD.AX :
* ANNOUNCES SALE OF WOODLARK GOLD PROJECT
* DEAL FOR 150M GEOPACIFIC SHARES AND AN ESTIMATED A$0.7M CASH FROM GEOPACIFIC
* PURSUANT TO DEAL, KULA GOLD LTD WILL CEASE TO BE A SUBSIDIARY OF GEOPACIFIC
March 8 (Reuters) - Kula Gold Ltd KGD.AX :
* ANNOUNCES SALE OF WOODLARK GOLD PROJECT
* DEAL FOR 150M GEOPACIFIC SHARES AND AN ESTIMATED A$0.7M CASH FROM GEOPACIFIC
* PURSUANT TO DEAL, KULA GOLD LTD WILL CEASE TO BE A SUBSIDIARY OF GEOPACIFIC