North Australian Diamonds

US headquartered Legend International Holdings has acquired a controlling stake in North Australian Diamonds after its on-market takeover offer closed yesterday.

It is not that Perth dealmakers are joining the dole queues, they have just had a little more time on their hands recently.

Mining entrepreneur Joe Gutnick has been appointed to the board of East Perth-based North Australian Diamonds Ltd as executive chairman.

The uranium asset spin-out of East Perth-based diamonds explorer North Australian Diamonds Ltd, Top End Uranium Ltd, has closed its initial public offer oversubscribed, the parent company has announced.

East Perth-based diamonds explorer North Australian Diamonds Ltd will spin-off its Northern Territory uranium assets through an initial public offer, raising up to $9 million, the company announced today.

Striker Resources NL has changed its name to North Australian Diamonds Limited (ASX: NAD).