Uranium Hunter Nabs Diamond Project Stake In Mining Co. Deal

Law360, New York (January 6, 2014, 2:56 PM EST) -- Uranium Hunter Corp. will take over 80 percent of Minas Core Mining Inc., allowing the uranium and gold mining-focused company to nab an ownership interest in a diamond project in Brazil, the company said Monday.

Under the terms of the deal, Uranium Hunter will take an ownership stake in Minas Core Mining, which owns the Rio Preto diamond project, according to a statement. The financial terms of the transaction have not yet been disclosed.

The mining company plans to back Rio Preto project with financial support...
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