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BRIEF-Stellar Diamonds agrees to sell Guinea assets for $2 mln
June 5, 2017 / 11:06 AM / 6 months ago

BRIEF-Stellar Diamonds agrees to sell Guinea assets for $2 mln

June 5 (Reuters) - Stellar Diamonds Plc:

* Agreement to sell guinea assets for $2 million

* Entered into a binding Term Sheet with BDG Capital Limited in relation to the proposed sale of Stellar’s assets in the Republic of Guinea

* Proceeds will be used to advance the development of co’s flagship Tongo-Tonguma kimberlite project in Sierra Leone

* Joint Venture Agreement over Baoulé and Liberia with Citigate terminated Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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