January 7, 2008

Tahera Diamond Shares rises on TSX


by Jo Black

An unexpected hike in the shares of Tahera Diamond Corp has raised speculation that the company may be a takeover target.

Following the rise in shares, Tahera Diamond Corporation has issued a statement in light of today’s trading activity and at the request of Regulation Services Inc., on behalf of the Toronto Stock Exchange, that it is not aware of any corporate developments that would impact the trading of the stock.

Tahera Diamond Corporation is a unique Canadian diamond company. Tahera’s primary asset is its wholly-owned Jericho Diamond Mine, which represents Canada’s third and Nunavut’s first diamond mine. Tahera’s exploration strategy is focused on increasing reserves in the area that is within trucking distance of the Jericho mine-site, and advancing the Company’s other prospective diamond projects in Canada.

Story link: Tahera Diamond Shares rises on TSX



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