Vaaldiam Provides Update on Unsolicited Take-Over Bid

Reproduction
Tue, Feb 16, 2010

Diamond Company News
Post by Melissa Pistilli, Diamond Senior Reporter

Vaaldiam Resources Ltd. (TSX:VAA) announced that late last week management of Vaaldiam had a conversation with Mr. Michael Bailey, the individual who on February 1, 2010 announced an unsolicited take-over bid for the common shares of Vaaldiam at a price of US$0.07 per share.

The press release is quoted as saying:

Vaaldiam Resources Ltd. is a Canadian-based diamond mining and exploration company with two mines in Brazil and advanced-staged diamond exploration projects in Brazil and Canada.

Click here to access the entire press release

Click here to access Vaaldiam Resources Corporate Site

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