Business
Notice of EGM
Notice of EGM.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n Gem Diamonds Limited\n01 October 2007\n\n\n01 October 2007\n\n GEM DIAMONDS LIMITED\n ('Gem Diamonds' or the 'Company')\n\n NOTICE OF EXTRAORDINARY GENERAL MEETING\n\nFurther to the announcement on 19 July 2007 regarding the proposed acquisition\nof Kimberley Diamond Company NL (the 'Acquisition'), the Board of Gem Diamonds\nannounces that a shareholder circular, convening an extraordinary general\nmeeting to be held on 16 October 2007 to approve the Acquisition, was posted to\nholders of ordinary shares in Gem Diamonds on Friday 28 September 2007.\n\nThe shareholder circular will shortly be available to the public for inspection\nduring normal business hours on any weekday (Saturdays, Sundays and public\nholidays excepted) at the Document Viewing Facility at the Financial Services\nAuthority, 25 The North Colonnade, London, E14 5HS.\n\nDefinitions used in this announcement shall have the meanings given to them in\nthe announcement dated 19 July 2007, except where context requires otherwise.\n\nFor further information:\n\nGem Diamond Technical Services (Pty) Limited\nClifford Elphick\nAngela Parr\nTel: +27115609600\n\nPelham PR\nCandice Sgroi\nTel: +442077436376\n\nAbout Gem Diamonds\n\nGem Diamonds is a diamond mining company with a balanced portfolio of a\nproducing kimberlite mine, two producing alluvial mines, development projects\nand long-term prospects. Established in July 2005, Gem Diamonds is pursuing an\naccelerated growth strategy and aims to become one of the world's leading\ndiamond companies. Gem Diamonds currently has one producing kimberlite mine,\nLetseng, in Lesotho, two producing alluvial mines - Cempaka in Indonesia and\nMbelenge in the Democratic Republic of Congo (DRC), a kimberlite development\nproject in Botswana, two development projects in the DRC, one in the Central\nAfrican Republic and an option to develop the Chiri kimberlite concession in\nAngola.\n\nThe Company recently made an offer to Kimberley Diamond Company's shareholders\nto acquire their shares in this company, which owns the Ellendale Mine in north\nWestern Australia.\n\nGem Diamonds currently has a specific focus towards higher value diamonds, a\nsegment of the market that its management believes will deliver superior long\nterm returns.\n\nFor further information about Gem Diamonds visit www.gemdiamonds.com.\n\n\n\n This information i...