March 18 (Reuters) - Carnaby Resources Ltd CNB.AX :
* DIVESTMENT OF LAINEJAUR PROJECT IN SWEDEN FOR $1.5M-CNB.AX
* SIGNS BINDING SALE & PURCHASE AGREEMENT FOR SALE OF LAINEJAUR PROJECT TO BAYROCK COBALT
March 18 (Reuters) - Carnaby Resources Ltd CNB.AX :
* DIVESTMENT OF LAINEJAUR PROJECT IN SWEDEN FOR $1.5M-CNB.AX
* SIGNS BINDING SALE & PURCHASE AGREEMENT FOR SALE OF LAINEJAUR PROJECT TO BAYROCK COBALT