DiamonEx Limited
ABN 26 091 951 978
Level 1
349 Coronation Drive
Milton QLD 4064
Australia
P: +61 7 3720 8944
F: +61 7 3720 8988
e-mail: diamonex@diamonex.com
Postal Address:
PO Box 1357
Milton QLD 4064
29 October 2007
LISTING ON ALTERNATIVE INVESTMENT MARKET
DiamonEx Limited is pleased to announce the commencement of trading
on the AIM of the London Stock Exchange.
Managing Director, Dan O'Neill said "With Lerala Diamond Mine
approaching production, we look forward to the London AIM listing
improving share trading access for international institutional
investors that appreciate investment opportunities presented by
diamond producers in African countries and Botswana in particular."
The Company has appointed Australian based group RFC Corporate
Finance Ltd as its Nominated Adviser and London broker, Fox-Davies
Capital Limited is acting as the Company's AIM Broker.
The Company's ordinary shares will continue to be listed on the
Australian Securities Exchange (ASX) and the Botswana Stock Exchange
(BSE). Shareholders can trade their shares on these exchanges or AIM,
but before doing so, will need to transfer their shares onto the
relevant share registry and establish an account with an appropriate
stockbroker. The Company and its share registrar can provide further
details on such procedures to interested shareholders.
For further information, contact:
Dan O'Neill (Managing Director) Greg King (Chairman)
+61 7 37208944 (Office) +61 7 37208944 (Office)
+61 7 37208988 (Fax) +61 7 37208988 (Fax)
+61 407596942 (Mobile) +61 411473730 (Mobile)
diamonex@diamonex.com.au diamonex@diamonex.com.au (Email)
(Email)
Will Souter Richard Hail
RFC Corporate Finance Ltd (Nomad) Fox-Davies Capital Ltd (AIM
Broker)
Tel: +612 9250 0050 Telephone: +44(0) 20 7936 5200
Email: will.souter@rfc.com.au Email: Richard.Hail@fdcap.com
About DiamonEx Limited:
The Company's main activity is taking into production the Botswana
based Lerala Diamond Mine Project ("Lerala") and the exploration of
other prospective diamondiferous areas for the purpose of identifying
diamond reserves.
DiamonEx is a Brisbane, Australia-based specialist diamond company
planning to develop a diamond mine based on an established 3.7
million carat resource at Lerala (owned 100% by DiamonEx) which is
situated within a region of Botswana and adjacent South Africa that
produces 35% of the world's rough diamond production.
The Lerala mine is currently under development and the Company's plan
is to be in production by the 1st quarter of 2008 at an anticipated
production of 327,000 carats per annum.
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