June 6 (Reuters) - Newcastle Energy Corp NGYh.V :
* NEWCASTLE AND MARTELLO PROVIDE UPDATE ON REVERSE TAKEOVER TRANSACTION
* NEWCASTLE ENERGY CORP - PROPOSED TRANSACTION TO BE CARRIED OUT BY WAY OF 3 CORNER AMALGAMATION BETWEEN MARTELLO, NEWCASTLE AND CO'S UNIT
* NEWCASTLE ENERGY CORP - ON CLOSING OF PROPOSED TRANSACTION, MARTELLO AND MERGERSUB WILL AMALGAMATE TO FORM UNIT OF CO