Brief: Gibb River Diamonds Announces Sale Of Option Over Ellendale Diamond Project
24/03/2021 01:19
March 24 (Reuters) - Burgundy Diamond Mines Ltd BDM.AX :
* SALE OF OPTION OVER ELLENDALE DIAMOND PROJECT
* ENTERED INTO A TWO YEAR OPTION AGREEMENT WITH BURGUNDY
DIAMOND
MINES
* TOTAL TRANSACTION CONSIDERATION IS $6.7 MILLION IN CASH,
16
MILLION BDM SHARES, AND 1.5% GROSS REVENUE ROYALTY
Source text for Eikon: ID:nASX7f0Vql
Further company coverage: BDM.AX
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