An unknown buyer entered into a contract to acquire 16.93% stake in Merlin Diamonds Limited (ASX:MED) from Legend International Holdings, Inc. (OTCPK:LGDI) for AUD 5 million on January 18, 2013. Legend International will sell 24 million shares for AUD 0.21 each. Following closing, Legend will hold a 25.3% interest in Merlin Diamonds Limited. The transaction shall complete in 60 days.

An unknown buyer completed the acquisition of 16.93% stake in Merlin Diamonds Limited (ASX:MED) from Legend International Holdings, Inc. (OTCPK:LGDI) on March 25, 2013.