Sept 11 (Reuters) - Monarques Gold Corp MQR.V :
* Monarques Gold enters into a definitive agreement to acquire all the mining assets of richmont mines in the province of quebec
* Monarques Gold Corp - monarques will become owner and operator of Beaufor mine and Camflo mill
* Monarques Gold Corp - richmont will hold a 19.9pct interest in corporation, inclusive of a $2.0 million investment by Richmont
* Monarques Gold Corp - Monarques has entered into a U.S. $4 million credit facility with auramet international llc
* Monarques Gold Corp - following closing of transaction with Richmont, Monarques will divest courvan property to probe metals for $400,000 in cash
* Monarques Gold Corp - in consideration, Monarques to issue a number of shares equating to 19.9pct of its undiluted issued and outstanding common shares