May 28 (Reuters) - GIBB River Diamonds Ltd GIB.AX :
* GIBB RIVER DIAMONDS- ACQUIRES ORIGINAL DATASET FROM ELLENDALE MINING OPERATIONS
* GIBB RIVER DIAMONDS- IN RETURN FOR DATA, GIB HAS PAID TO KRSP PTY LTD 1 MILLION UNLISTED SHARE OPTIONS IN GIB
* GIBB RIVER DIAMONDS- OPTIONS WILL BE ISSUED WITH A 30 MONTH TERM AND A STRIKE PRICE OF 9 CENTS