Feb 12 (Reuters) - Avala Resources Ltd AVZ.V :
* Announces proposed acquisition by Dundee Precious Metals of minority equity
interest
* Each holder of Avala common shares, other than dpm, will receive 0.044 of
common share of dpm in exchange for each co's common share
* Says james crombie has resigned, effective today, as president, CEO and
director
* Says david fennell will serve as interim president and CEO of the company in
addition to his role as executive chairman
* Source text for Eikon ID:nMKWbvHLTa
* Further company coverage AVZ.V