GIB gibb river diamonds limited
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March 24 (Reuters) - Burgundy Diamond Mines Ltd (BDM) :...

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    24/03/21
    12:35
    Post #: 52001660

    March 24 (Reuters) - Burgundy Diamond Mines Ltd (BDM) :

    • BURGUNDY SECURES OPTION TO ACQUIRE ELLENDALE DIAMOND PROJECT
    • BURGUNDY TO PAY A$1.7 MILLION IN CASH & ISSUE 4 MILLION FULLY PAID ORDINARY SHARES TO GIBB RIVER DIAMONDS AS FIRST OPTION PAYMENT
    • ACQUISITION INCLUDES MINE RENOWNED FOR HIGH-VALUE YELLOW DIAMONDS & HIGHLY PROSPECTIVE ADJOINING ALLUVIAL DIAMOND DEPOSIT
    • TOTAL TRANSACTION CONSIDERATION IS A$6.7 MILLION IN CASH, 16 MILLION BURGUNDY FULLY PAID ORDINARY SHARES IN BURGUNDY
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5.8¢ 		Change
0.004(7.41%) 		Mkt cap ! $12.44M
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