RNS Number : 7172A Diamondcorp Plc 14 October 2009
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
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.
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.
For further information, please contact:
Paul Loudon, DiamondCorp plc
+44 20 7256 2651
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
This information is provided by RNS
The company news service from the London Stock Exchange END MSCEAKEDFFXNFFE
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