June 5 (Reuters) - Nrg Metals Inc NGZ.V
* Nrg metals agreement to acquire the hombre muerto north lithium project adjacent to lithium production
* Nrg metals inc - terms of acquisition are us $5.65 million in cash payments and 10 million nrg metals inc. Common shares staged over a 54- month period
* Nrg metals inc - project is being acquired through purchase option agreement from a private borate producer from salta, argentina named jorge moreno
* Nrg metals-under schedule, on acceptance of ni 43-101 report by tsx, co to pay moreno us$100,000, 1 million shares, moreno joins board of co's argentine unit
* Nrg metals-project subject to a 3% net production royalty, of which 50% may be purchased for us$3.0 million within 3 yrs of certain payment completion Source text for Eikon: ID:nGNXNXAWMa Further company coverage: NGZ.V