Brief: Burgundy Diamond Mines To Acquire Ekati Diamond Mine In Canada's Northwest Territories
14/03/2023 01:10
March 14 (Reuters) - Burgundy Diamond Mines Ltd
BDM.AX :
* TO ACQUIRE EKATI DIAMOND MINE IN CANADA'S NORTHWEST
TERRITORIES
* DEAL FOR TOTAL CONSIDERATION OF US$136 MILLION
* TO FUND PROPOSED ACQUISITON, CO WILL CONDUCT EQUITY
RAISING VIA
CONDITIONAL PLACEMENT TO RAISE UP TO US$150 MILLION
Source text for Eikon: ID:nASX6fS1fW
Further company coverage: BDM.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Burgundy Diamond Mines
See all newsBrief: Burgundy Diamond Mines Announces Acknowledgement And Remediation Of ASX Listing Rule 10.1 Breach
Brief: Burgundy Diamond Mines Notifies On Process Conducted During CCAA Proceedings For Arctic Canadian
Brief: Burgundy Diamond Mines Updates On CCAA Process And Appointment Of CFO
Brief: Burgundy Diamond Mines Unit Arctic Canadian Diamond Company Filed For Insolvency Protection
Brief: Burgundy Diamond Mines Secures Expansion Of Up To C$60 Million To Previous C$115 Million Loan