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Shear Diamonds Buys Jericho

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Shear Diamonds Buys Jericho

Aug 27 2010nbsp018332On August 27 2010 Shear Minerals completed its acquisition of the Jericho diamond mine and related assets in Nunavut from Tahera Diamond and Benachee Resources in the context of a CCAA proceeding for consideration of 80 million common shares of Shear C1.5 million in cash and C500000 in the form of a promissory note.

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