04:16 PM EST - GGL Diamond Corp. : said Wednesday that it has signed a non-exclusive license agreement with Kennecott Canada Exploration Inc. for the use of a data set compiled by GGL, mainly for diamond exploration, for the Slave Geological Province. In consideration for the grant of the rights and license in respect of the data, Kennecott has paid to GGL a license fee of $100,000. In addition, Kennecott has paid a further sum of $50,000 to GGL for which GGL will provide 500 hours of technical support for up to eighteen months from the date of the signing of the agreement. GGL Diamond Corp.
shares V.GGL are trading down 1 cent at $0.06.
