Fura Gems Inc. (TSXV:FURA) entered into a definitive agreement to acquire 70% stake in Rubies Resources SA on April 23, 2020. The acquisition will be financed with proceeds of private placement of CAD 7.19 million. Fura Gems Inc. (TSXV:FURA) completed the acquisition of 70% stake in Rubies Resources SA on June 23, 2020.