Aug 31 (Reuters) - Austral Gold Ltd AGD.AX :
* Proposal to acquire Argentex Mining Corporation AGD.AX
* Says all share transaction represents total consideration of approximately CAD$5.8 million
* Says Argentex board supports the transaction
* Says Austral Gold to seek listing on tsx venture exchange upon completion of transaction
* Source text for Eikon ID:nASX3mXhBp