Aug 26 (Reuters) - Magellan Minerals Ltd MNM.V :
* Agrees to acquire andorinhas processing plant, associated equipment and
mining fleet from Troy resources
* Says MAGELLAN will pay Troy a total consideration of US$4.5 million for the
andorinhas assets
* Says additional US$1 million will be paid to Troy following production of
20,000oz of gold or after 18 months, whichever comes soonest
* Says Troy will have ability to appoint representative to MAGELLAN board
should its shareholding in MAGELLAN exceed 7.5%
* Source text for Eikon ID:nCCN60QYLm
* Further company coverage MNM.V