Re: KWG Completes Debut Diamonds Acquisition
in response to
by
posted on
Aug 29, 2011 06:22PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Since there is no word on Cliffs waiving any rights here, I assume that this exchange of shares between the mother KWG and her subsidiary DDI is one of the 'enumerated exceptions' contained in the March 2009 Shareholders Agreement as regards to Cliffs' preemptive rights on securities issuances...
GLTA.
BaBe.