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Tychean Resources to update on diamond acquisition

The halt will remain in place until Friday 2nd June 2017.

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Blom is an established South Africa-based diamond company

Tychean Resources (ASX:TYK) has been granted a trading halt by the ASX, pending details in regards to the acquisition of Blom Diamonds.

Tychean has previously signed an agreement to acquire a 74% interest.

The halt will remain in place until the opening of trade on Friday 2nd June 2017, or earlier if an announcement is made to the market.

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ASX:TYK
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