Feb 14 (Reuters) - Baker Steel Resources Trust Ltd BSRT.L :
* BAKER STEEL RES TST - AGREEMENT TO INVEST US$3M INTO AZARGA METALS CORP
* BAKER STEEL RESOURCES - AGREED TO INVEST $3M INTO TSXV LISTED AZARGA METALS VIA 4 YEAR TERM 8% SECURED CONVERTIBLE LOAN, CONVERTIBLE AT C$0.14/SHARE
* BAKER STEEL - AZARGA TO USE PROCEEDS FOR SECOND-PHASE DRILLING, EXPLORATION TO INCREASE EXISTING RESOURCE ESTIMATE OF UNKUR COPPER-SILVER PROJECT
* BAKER STEEL RESOURCES TRUST LTD - INVESTMENT VALUES AZARGA METALS AT US$9.0M ON A PRE-MONEY BASIS