March 12 (Reuters) - Berkut Minerals Ltd BMT.AX :
* PETER BOWLER WILL BE APPOINTED AS NON-EXECUTIVE CHAIRMAN AND ROB WATKINS APPOINTED AS MANAGING DIRECTOR
* COMMITMENTS RECEIVED TO RAISE $1.6M THROUGH AN EQUITY PLACEMENT OF 20.5M SHARES AT 7.8 CENTS
* CURRENT MANAGING DIRECTOR, NEIL INWOOD & CHAIRMAN JUSTIN TREMAIN WILL REMAIN AS NON-EXECUTIVE DIRECTORS
* ENTERED BINDING HEADS OF AGREEMENTS WITH SYNDICATED METALS, SUPERIOR RESOURCES, DIATREME RESOURCES AND CARNABY RESOURCES TO BUY MINES
* TOTAL CONSIDERATION FOR ACQUISITION WILL BE 21.1M SHARES TO VENDORS