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DIAMONEX LIMITED - ASX: DON
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
DiamonEx Limited referred to here as the Company, suspended its shares from trading on the Australia Securities Exchange, the AIM Market on the London Stock Exchange and the Botswana Stock Exchange in mid-January 2009, following operational problems relating to its wholly owned subsidiary company, Diamonex Botswana Limited ("DBL"). At the time, DBL had commenced production of its pilot project, the Lerala Diamond Mine.
Some two years later, the shareholders of the Company approved a restructuring of the Company and DBL at an extra-ordinary meeting of the shareholders on 25 March 2011. For more detailed information on that restructuring, you are referred to the Notice of Meeting and Explanatory Statement sent to shareholders on 25 February 2011, a copy of which was lodged with the ASX and on the Company's website.
On 15 April 2011, the Company completed the sale of DBL to United Kingdom company Mantle Diamonds Limited, thus completing the restructuring of the Company and DBL.
The Directors are interested to talk to any company or person who is interested to list its assets onto the Australian Securities Exchange. The Directors are particularly interested in resource and mining projects in Botswana and the wider sub-Sahara region of Africa of any mineral type.
Mine For
diamonds
Location of operation(s)
Botswana
Address
Level 9, 105 St Georges Terrace
PERTH, WA, AUSTRALIA
Phone
+61 412 899 979
Website
Last Updated
8/11/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.


