June 16 (Reuters) - Myanmar Metals Ltd (MYL) :
- CONDITIONAL NON-BINDING PROPOSAL TO ACQUIRE ALL MYL SHARES-MYL.AX
- CONDITIONAL NON-BINDING PROPOSAL TO ACQUIRE ALL MYL SHARES-MYL.AX
- ADVISES THAT IT HAS RECEIVED A NON-BINDING, CONDITIONAL PROPOSAL FROM YINTAI GOLD CO
- DEAL FOR CASH CONSIDERATION OF AUD 66.5 MILLION
- THERE IS NO GUARANTEE THAT A FORMAL OFFER WILL BE MADE BY YINTAI
- CO WILL WORK WITH YINTAI TO FACILITATE THEIR DUE DILIGENCE PROCESS WITH AIM OF ENTERING INTO AN IMPLEMENTATION AGREEMENT