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Burgundy draws a line under US$50.6 million approval breach
1:46pm on Friday 9th of October, 2026 AEDT
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Mining
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Burgundy draws a line under US$50.6 million approval breach
1:46pm on Friday 9th of October, 2026 AEDT
Key Points
Three STADPAs entered between May and July 2025 without prior shareholder approval
Related-party dealings had an aggregate value of approximately US$50.6 million
Choron BV was controlled by Burgundy director Anshul Gandhi
Shareholders ratified the completed transactions on 30 April 2026
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Burgundy Diamond Mines (ASX:BDM)
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