VANCOUVER, May 30 /CNW/ - Black Swan Resources Ltd. (``Black Swan'')
understands that the partnership in which it invested US$2,000,000 in 1999 to
acquire an interest in and market an exceptional 79 carat pink diamond, has
now sold the diamond. Black Swan understands that it will receive an amount of
US$2,200,000, in installments within the next two months. Black Swan is
currently seeking further information and verification of facts relative to
this transaction. Mr. L. Giglio, a director of Black Swan and its largest
shareholder, has offered to provide security for the US$2,200,000 due to Black
Swan. |
