Jan 22 (Reuters) - Carbine Resources Ltd CRB.AX :
* ENTERED INTO A BINDING SHARE SALE AGREEMENT TO ACQUIRE COCKATOO IRON NL
* COMPANY WILL ISSUE A PROSPECTUS TO RAISE $3.2 MILLION AT $0.03 PER SHARE
* ACQUISITION CONSIDERATION TO CONSIST OF UP TO 291.5 MILLION ORDINARY SHARES IN CO
* FUNDS RAISED WILL BE SPENT ON AN EXPLORATION PROGRAM REGARDING COCKATOO ISLAND PROJECT
* AMCI IRON ORE TO SUBSCRIBE FOR 83 MILLION SHARES AT $0.03 PER SHARE, UNDER CAPITAL RAISING