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DMC
DMC
DMC - DiamondCorp Plc - Corporate and financial update and withdrawal of
cautionary announcement
DiamondCorp Plc
JSE share code: DMC & AIM share code: DCP
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp" or "the Company")
CORPORATE AND FINANCIAL UPDATE AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Further to the Company`s interim financial statements released on 30 September
2009 the Company announces that it has been able to allocate existing cash
resources to fund the interest payment due on 14 October 2009.
Further, the Company advises that it is no longer in discussions with respect to
a possible offer for the entire issued share capital of the Company.Accordingly
caution is no longer required to be exercised by shareholders when dealing in
their securities
The Company is now progressing with plans for a fund raising to finance planned
operational expenditure and to provide working capital. An update will be
provided to shareholders in due course.
14 October 2009
Paul Loudon, DiamondCorp plc
+44 20 7256 2651
Joe Nally/ Ivonne Cantu/ Liz Bowman, Cenkos Securities plc
+44 20 7397 8900
Robert Smith/Tanis Crosby, Investec Bank Limited
+27 11 286 7662
14 October 2009
London
Sponsor:
Investec Bank Limited
For further information, please contact:
Paul Loudon
DiamondCorp plc
+44 20 7256 2651
Joe Nally/Liz Bowman
Cenkos Securities plc
+44 20 7397 8900
Robert Smith/Tanis Crosby
Investec Bank Limited
+27 11 286 7662
Charmane Russell
Russell & Associates
+27 11 880 3924
Date: 14/10/2009 07:05:01 Produced by the JSE SENS Department.
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