OK. As of the most recent patch it is now:
MAGIC ITEM LORE ITEM NO TRADE
Slot: PRIMARY SECONDARY
DMG: 7
DEX: +3 INT: +3 HP: +5 MANA: +10
SV DISEASE: +5 SV MAGIC: +5 SV POISON: +5
Recommended level of 10
WT 1.0 Size: MEDIUM
Class: NEC
Race: DEF
Slot 1, type 7: empty
And because of the damage stat you still can't put it in your secondary slot...