This document contained an agreement for setting up a new company called Almazny Bereq.
Oppenheimers' lawyers believe that the time is already ripe to redraw the license from AGD to Almazny Bereg.
For example, the Canadians restore financing, the licence is transferred to Almazny Bereg, and the agreement on collaboration is changed, perhaps, by changes to Almazny Bereg's charter.
In Moscow The Kremlin, The Armoury, The Almazny
Fond ( The Diamond Fund) were bewildering and left me awestruck.
The plaintiff has alleged the company for its interference in the transfer of a diamond exploration license to Almazny
Bereg, a joint venture between ADC and AGD.
The Corporation also currently owns a 40% interest in Almazny
Bereg ("AB"), a Russian international open joint stock Company involved in the exploration of the Verkhotina Area.
Timothy Haddon, who has been in Russia for most of July, reported to shareholders that negotiations with Arkhangelskgeoldobycha ("AGD"), its Russian joint venture partner, were continuing, but there were no new developments regarding the transfer of the Verkhotina mining and exploration license to its 40 percent owned Almazny
Bereg ("AB"), a Russian international open joint stock company.
Grib served as the first Chairman of the Board of Directors of Almazny
Bereg ("AB"), a Russian international open joint stock company of which the Corporation owns 40 percent and into which the Verkhotina Licence will be transferred.
20, 1994-- ARCHANGEL DIAMOND CORPORATION is pleased to announce that the Company's Russian subsidiary company, Almazny Bereg, has successfully listed on the Central Russian Universal Exchange (CRUE).
Almazny Bereg was incorporated as an international joint venture public company to hold the Licence for the Verkhotina Diamond Project in the Archangel Diamond Province in north-western Russia.