April 15 (Reuters) - Trius Investments Inc TRUh.V :
* TRIUS AND STARLING BRANDS ENTER INTO LETTER OF INTENT FOR PROPOSED REVERSE TAKEOVER TRANSACTION
* TRIUS INVESTMENTS INC - REVERSE TAKE-OVER OF TRIUS BY STARLING
* TRIUS INVESTMENTS INC - TRIUS' VALUE SHALL BE $4.5 MILLION INCLUSIVE OF ADDITIONAL COMMON SHARES PROPOSED TO BE ISSUED BY TRIUS
* TRIUS INVESTMENTS - RTO TRANSACTION TO BE COMPLETED THROUGH ARRANGEMENT, TAKEOVER BID, SHARE EXCHANGE, SHARE PURCHASE, OR ANOTHER STRUCTURE ACCEPTABLE
* TRIUS INVESTMENTS - STARLING INTENDS TO COMPLETE A CONCURRENT PRIVATE PLACEMENT OF SUBSCRIPTION RECEIPTS FOR PROCEEDS OF AT LEAST $5 MILLION