Suspension on trading
January 23 2009 - 6:16AM
UK Regulatory
TIDMDON
DiamonEx Limited
AIM Release
23 January 2009
SUSPENSION FROM TRADING
The Board of DiamonEx Limited (Diamonex) wishes to advise it has
requested that trading in its shares on the AIM market be suspended
today, 23 January 2009.
The suspension has been requested because DiamonEx has made an
application today to the High Court of Botswana for an order to place
its 100% owned subsidiary Diamonex Botswana Limited into judicial
management and is in the process of reviewing its financial position.
Diamonex will make a further announcement to the market as
information becomes available.
Yours faithfully
Paul Crawford
Company Secretary
For further information contact:
Dan O'Neill Tel: + 61 7 37208944
Managing Director Fax: + 61 7 37208988
Email: doneill@diamonex.com.au Mob: + 61 4 07596942
Mark Gray Tel: + 61 7 37208944
Corporate Development Fax: + 61 7 37208988
Email: mgray@diamonex.com.au Mob: + 61 4 12899979
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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