April 20 (Reuters) - Ascendant Resources Inc ASND.TO :
* PRESS RELEASE - ASCENDANT RESOURCES TO SELL EL MOCHITO MINE
* ASCENDANT - TO GET CASH CONSIDERATION OF US$1.0 MILLION, ADDITIONAL US$100,000 IN WORKING CAPITAL ADJUSTMENTS, ROYALTY ON ZINC SALES FROM EL MOCHITO MINE
* ASCENDANT RESOURCES - ENTERED AGREEMENT WITH KIRUNGU CORPORATION TO SELL ALL SHARES OF CO'S UNIT, AMPAC WHICH OWNS 100% OF EL MOCHITO MINE
* ASCENDANT RESOURCES - KIRUNGU TO ASSUME ALL OF CO'S MATERIAL LIABILITIES WITH RESPECT TO AMPAC, VALUE OF WHICH IS ABOUT US$20-25 MILLION