The CVI story grows much bigger the more I read about it.
Cityview Corporation Limited (ASX:CVI) - Angolan Diamond Projects - Mr Mark Smyth, CEO
Tuesday January 29 2:52 PM
Sydney, Australia, Jan 29, 2008 - (ABN Newswire) -
"Cityview Corporation Limited (ASX: CVI.AX) is pleased to announce that Endiama, the Angolan National Diamonds Company, acknowledge the grant to CityView of the exclusive right to acquire 100% of Canzar Resources plc ("Canzar"), the holders of a 41% legal and beneficial interest in 3 kimberlitic diamond concessions."
"The concessions are Caufo, Luachisse and Nheffo. CityView has paid US$1,030,000 as a 135 days option and shut out fee to purchase 100% of Canzar at a price to be determined on a fair value basis during the due diligence and independent valuation process. Local business groups in Angola have indicated their wish to participate in the raising of the requisite capital."