Aug 25 (Reuters) - Petratherm Ltd PTR.AX :
* PETRATHERM LTD - TO SELL ITS VICTORIAN GOLD TENEMENTS AND ASSETS TO SKARB EXPLORATION CORP.
* PETRATHERM LTD - TO RECEIVE 100 MILLION SKARB EXPLORATION CORP SHARES WITH AN IMPLIED VALUATION OF A$21 MILLION