Aug 20 (Reuters) - Golden Matrix Group Inc ( GMGI ):

* GOLDEN MATRIX ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE

A

CONTROLLING INTEREST IN AUSTRALIAN-BASED CLASSICS FOR A CAUSE

* GOLDEN MATRIX GROUP INC ( GMGI ) - ACQUIRES 80% CONTROLLING

INTEREST IN

CFAC

* GOLDEN MATRIX GROUP ( GMGI ): TO ACQUIRE 80% STAKE IN ENTITY OWNING

CFAC

FOR PURCHASE PRICE OF ABOUT $8.4 MILLION INCLUSIVE OF EARNOUT

COMPONENT

* GOLDEN MATRIX GROUP ( GMGI ): UNDER DEAL, WILL INHERIT CALL OPTION

TO

ACQUIRE REMAINING 20% MINORITY INTEREST IN CFAC

Source text for Eikon:

Further company coverage: