Jan 11 (Reuters) - Athena Resources Ltd AHN.AX :
* Placement and conditional sale byro project AHN.AX
* Has entered into a binding term sheet with Brilliant Glory Industrial Corporation Limited
* Agreed to give bg the right (but not the obligation) to purchase the byro project in consideration for the payment of $20 million
* Bg will subscribe for $1 million worth of Athena shares
* Source text for Eikon ID:nASX7hmgYX
*