Nov 26 (Reuters) - Saint Jean Carbon Inc SJL.V :
* Says entered into an nonbinding and non-arm's length agreement to acquire the
past producing glen almond quartz mine in Quebec
* Says will issue 1.5 million shares at closing and will pay $10,000 in March
2016
* Says further payments of 100,000 shares will be paid out, if the property
meets certain milestones related to quality and tonnage
* Source text for Eikon
* Further company coverage SJL.V