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Canada's Dia Met up for sale

CANADIAN junior Dia Met Minerals, which discovered Canada's first and only diamond mine, is seeking a buyer after the company's two largest shareholders indicated they would entertain offers for their 38% stake.

Greg Tubby

"We are seeking bids for the outstanding shares of the corporation", not just the 38%, Gerald Prosalendis, vice-president of corporate development at Dia Met, told Reuters. Analysts said the move would...

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