Bloomberg News

Tanzanite One Enters Into Option to Acquire Sapphire Project

June 02, 2011

June 2 (Bloomberg) -- Tanzanite One Ltd. said it entered into an option to acquire a sapphire project in Australia for an upfront cash fee of A$120,000, according to a statement today.

Link to Statement:{NSN LM5FCA3HBS3N <GO>}

To contact the reporter on this story: Amanda Jordan in London at

To contact the editor responsible for this story: Amanda Jordan at

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