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IIE:CA V.IIE



TSXV:IIE - Post by User

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Post by MUDboneon Dec 11, 2007 6:16pm
203 Views
Post# 14004200

NEWS

NEWSThis is only partial from Stockwatch, it is not on Sedar or Iciena.com yet. If someone can access the complete news then please post. Iciena changes terms for Brazil property aquisition 2007-12-11 17:00 ET - News Release Mr. Harry Lappa reports ICIENA ENTERS INTO AN AMENDED AGREEMENT TO ACQUIRE DIAMOND PROPERTY IN BRAZIL Iciena Ventures Inc. has, further to the company's new releases in Stockwatch dated May 11, 2007, and June 26, 2007, entered into an amended and restated property purchase and operating agreement to acquire an 80-per-cent interest in certain Brazilian mineral exploration concessions which collectively comprise the Botavi diamond project. The claims are located in north-central Mato Gross state, Brazil, and are contiguous to approximately 152,000 hectares of mineral claims that Iciena already holds. Iciena currently owns a 20-per-cent interest in the claims which were acquired in 2002. The remaining interests in the claims will be acquired from 0787522 BC Ltd., a private company incorporated in British Columbia, and Mineradora Bravo Cavalo Ltda., a private company incorporated in Brazil. Each of 0787522 and Bravo currently owns a 40-per-cent beneficial interest in the claims.
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