Diamond Investing News » Vaaldiam Provides Update on Unsolicited Take-Over Bid

Vaaldiam Provides Update on Unsolicited Take-Over Bid

February 16, 2010 @ 2:11 pm In Diamond Company News

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 ^[1]

Click here to access Vaaldiam Resources Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Vaaldiam-Provides-Update-Regarding-Previously-Announced-Unsolicited-Take-Over-Bid-TSX-VAA-1117678.htm

[2] Click here to access Vaaldiam Resources Corporate Site: http://www.vaaldiam.com