Burgundy Diamond Mines Limited (BDM.AX)

Arctic Canadian Diamond Company Limited, including Ekati Diamond Mine, to be sold to Burgundy Diamond Mines Limited

Ekati Diamond mine arial Ekati Diamond Mine in Northwest Territories CALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) -- Arctic Canadian Diamond Company Ltd. has entered into a binding share purchase agreement with Burgundy Diamond Mines Limited, a company publicly traded in Australia (ASX:BDM). Burgundy has agreed to acquire 100 per cent of Arctic Canadian’s assets, most notably Ekati Diamond Mine in Canada’s Northwest Territories, as well as other interests for consideration of approximately