| Mon 14 Jan 2008, 11:26 | | DMR - Diamond Core Resources Limited - Results Of The Scheme Meeting |
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DMR
DMR
DMR - Diamond Core Resources Limited - Results Of The Scheme Meeting
DIAMOND CORE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013468/06)
Share code: DMR & ISIN Number: ZAE000076956
("Diamond Core")
RESULTS OF THE SCHEME MEETING
1. INTRODUCTION
Shareholders are referred to -
- the announcement dated Friday, 7 September 2007 in which, inter alia,
shareholders were advised of the scheme of arrangement ("scheme") proposed
by BRC Diamond Corporation ("BRC") between Diamond Core and the ordinary
shareholders of Diamond Core;
- the announcement dated Friday, 14 December 2007 which set out the important
dates and times in respect of the scheme; and
- the circular to ordinary shareholders dated Friday, 14 December 2007.
2. RESULTS OF THE SCHEME MEETING
Shareholders are advised that -
- at the scheme meeting held on Monday, 14 January 2008 ordinary shareholders
recorded in the register at 17h00 on Thursday, 10 January 2008 ("scheme
members") present and voting, either in person or by proxy, holding 205 833
758 ordinary shares voted in favour of the scheme, which votes represent
99.52% of the total number of votes exercised by scheme members present and
voting, either in person or by proxy, at the scheme meeting; and
- it is expected that application will be made to the High Court of South
Africa (Witwatersrand Local Division) on Tuesday, 22 January 2008 at 10:00
or so soon thereafter as counsel may be heard for the sanctioning of the
scheme. The court is located at the High Court Building, Von Brandis
Square, corner Pritchard and Von Brandis Streets, Johannesburg.
3. CHAIRMAN`S REPORT
A copy of the chairman`s report on the scheme meeting will be available to
any scheme member on request, free of charge, from Tuesday, 15 January 2008
until the date on which application is made to the High Court to sanction
the scheme, which is expected to be Tuesday, 22 January 2008, during normal
business hours, at the registered office of Diamond Core, Block C, St
Andrews Office Park, Meadowbrook Lane, Epsom Downs, Bryanston, 2024.
4. FURTHER ANNOUNCEMENTS
A further announcement regarding the results of the Court hearing and the
final important dates and times for the scheme will be released on SENS and
published in the press after the Court hearing.
For further information or enquiries, please contact Theo Botoulas on
+(27)828522150 or on +(27)117064888.
14 January 2008
Johannesburg
Corporate adviser and sponsor to Diamond Core
River Group
Attorneys to Diamond Core
Werksmans Incorporated
Corporate adviser to BRC
RBC Capital Markets
Legal counsel to BRC
Macleod Dixon LLP
Legal counsel to corporate adviser to BRC
Fasken Martineau Du Moulin (Pty) Ltd
Independent professional adviser to Diamond Core
Venmyn Rand (Pty)Ltd
Date: 14/01/2008 11:26:01 Produced by the JSE SENS Department.
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