(Reuters) - Canadian-listed BRC Diamond Corp. has agreed to acquire South Africa's Diamond Core Resources Ltd to create a group exploring for gems in South Africa and Congo, the firms said on Thursday.
After the proposed deal, in which BRC will acquire Diamond Core in exchange for shares, BRC shareholders will own 53 percent of the company and Diamond Core shareholders the rest.
Read more at Reuters Africa
After the proposed deal, in which BRC will acquire Diamond Core in exchange for shares, BRC shareholders will own 53 percent of the company and Diamond Core shareholders the rest.
Read more at Reuters Africa
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