Nov 12 (Reuters) - Pinehurst Capital I Inc PHTp.V :
* PINEHURST ANNOUNCES ENTERING INTO A DEFINITIVE AGREEMENT WITH SILVER BULLET MINES
* PARTIES INTEND TO COMPLETE BUSINESS COMBINATION TRANSACTION; WILL RESULT IN A REVERSE TAKEOVER OF PINEHURST BY SILVER BULLET
* COMBINED PUBLIC COMPANY RESULTING FROM TRANSACTION ("RESULTING ISSUER") WILL CARRY ON BUSINESS OF SILVER BULLET