Extension of Suspension
02 Março 2009 - 5:02AM
UK Regulatory
TIDMDON
DiamonEx Limited
AIM Release
2 March 2009
Update regarding suspension in trading of DiamonEx Limited Shares
Following the announcement of 26 January 2009, the Board of DiamonEx
Limited (DiamonEx) advises that its shares will remain suspended from
trading until the Board of DiamonEx has confirmed its plans for the
company.
The Judicial Management Order which has been granted to DiamonEx's
wholly owned subsidiary, Diamonex Botswana Limited, remains in place
following the Court hearing regarding the order which took place on
Friday, 27 February 2009 (Botswana time). A further hearing regarding
the Judicial Management Order has been set down by the Court for
Friday, 27 March 2009 (Botswana time).
DiamonEx will update the market once further detail of the plans
regarding Diamonex Botswana Limited have been set by the judicial
manager and agreement reached with its lenders.
Yours faithfully
Paul Crawford
Company Secretary
For further information contact:
Dan O'Neill
Managing Director
Tel: +61 7 3720 8944
Mob: +61 407 596 942
Email: diamonex@diamonex.com.au
Greg King
Chairman
Tel: +61 7 3720 8944
Mob: +61 41 473 730
Email: diamonex@diamonex.com.au
Will Souter or Rob Adamson
RFC Corporate Finance Ltd (Nomad)
Tel: +61 2 9250 0050
+61 2 9250 0041
Email: will.souter@rfc.com.au
rob.adamson@rfc.com.au
Fox-Davies Capital Ltd (AIM Broker)
Tel: +44 20 7936 5200
About DiamonEx:
DiamonEx is an emerging diamond producer having developed a 330,000
carat per year diamond mine at Lerala, in eastern Botswana. The mine
is 100% owned and is located in an area that produces up to 30% of
the worlds diamonds by value. The company also owns 15,000 sq km of
mineral rights in Botswana which it is actively exploring for
diamonds, as well as a 9.3 hectare diamondiferous kimberlitic pipe in
northern Colorado, USA, which it is currently evaluating for grade
and value. DiamonEx is listed on the Australian Stock Exchange (ASX),
the Alternative Investment Market in London (AIM), and the Botswana
Stock Exchange (BSE).
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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