StockMarketWire.com - Firestone Diamonds agreed to extend the date by when all conditions for the disposal of the company's Botswana operations to Tango Mining must be satisfied. As announced on 9 July 2015, the company entered a conditional sale agreement (CSA) with Tango Mining for the disposal, for $8 million and, as announced on 13 October 2015 and 6 April 2016, certain terms of the CSA were amended by the amendment letters. Pursuant to a further amendment of the CSA, all conditions of the CSA must now be satisfied by no later than 29 August 2016. This extension is to enable Tango Mining to finalise the proposed $30 million loan commitment with Vanderbilt Commercial Lending to finance the acquisition of the company's Botswana operations and to recommence operations at the BK11 mine, as announced by Tango Mining on 24 March 2016. All other material terms of the amended CSA remain the same and accordingly, if the conditions of the CSA are not satisfied or waived by the revised drop dead date, the disposal will not complete. Story provided by StockMarketWire.com