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BRIEF-Stellar Diamonds shares suspended as considers proposed deal with Octea
August 22, 2016 / 6:06 AM / a year ago

BRIEF-Stellar Diamonds shares suspended as considers proposed deal with Octea

Aug 22 (Reuters) - Stellar Diamonds Plc

* Has agreed a proposed transaction with octea mining limited ("octea") to combine stellar's tongo kimberlite diamond project with octea's adjacent kimberlite diamond project, tonguma,

* Potential transaction, if completed, would be classified as a reverse takeover under aim rules for companies

* Trading in company's shares on aim will remain suspended until either an admission document is published or company announces its or octea's withdrawal from potential transaction. Source text for Eikon: Further company coverage: (Reporting By UK Bureau)

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