Dec 20 (Reuters) - Whitebark Energy :
* ENTERED INTO A BID IMPLEMENTATION AGREEMENT TO ACQUIRE KING ENERGY
* WILL ISSUE 100 MILLION NEW WHITEBARK SHARES AT A$0.012 PER SHARE
* IMPLIED VALUE OF ACQUISITION IS AUD$1.7 MILLION
Further company coverage:
((Reuters.Briefs@thomsonreuters.com;))