BRIEF-Latin Resources says new terms agreed with Guadalupito vendors

March 28 (Reuters) - Latin Resources Ltd LRS.AX :

* New terms agreed with guadalupito vendors LRS.AX

* Announces the signing of definitive agreements under peruvian law amending the original sale agreement

* Amendment allowed company to significantly offset total amount of US$4.9 million in cash payment obligations due between 2014 and 2017

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