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Bureau de Recherches Geologiques et Minieres{BRGM}- Operations & Malagasy Minerals Ltd	Update Date: 08/24/08
Date Announced: 07/31/08
Value (million $USD): n/a

Status: Completed

TRANSACTION DETAILS
Date Announced	07/31/08
Date Originally Announced	08/18/08
Format	Acq. of Assets	Acquisition techniques	Divestiture
Attitude	Friendly	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
MADAGASCAR - Malagasy Minerals Ltd of Australia acquired the operations of French state-owned Bureau de Recherches Geologiques et Minieres {BRGM}, an Orleans-based miscellaneous metals mining company.

TARGET
Name	Bureau de Recherches Geologiques et Minieres{BRGM}- Operations
Industries	n/a
City	n/a
State	n/a
Nation	Madagascar
Incorporated in	n/a
Public Status	Subsidiary
Business Description	The operations of BRGM, comprised of diamond core drilling rigs, are part of BRGM's diamond mining business.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Malagasy Minerals Ltd (Australia : MGY)
Industries	Chemical and fertilizer mineral mining, nec; Chemical and fertilizer mineral mining, nec
City	West Perth
State	n/a
Nation	Australia
Incorporated in	n/a
Public Status	Public
Business Description	Malagasy Minerals Ltd, located in West Perth, Australia, is a mineral mining company.
Advisors	NULL
Acquiror Sales	n/a

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