Feb 9 (Reuters) - First Mountain Exploration Inc FMX.V :
* Point Loma Energy & Madalena Energy jointly announce proposed transactions on
Canadian assets and a private placement by Point Loma
* Point Loma to acquire Madalena's non-core Canadian petroleum and natural gas
assets for $5.5 million
* To buy all Point Loma common shares in capital of point loma in exchange for
the issuance of First Mountain common shares
* Source text for Eikon Further company coverage FMX.V