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BOTSWANA DIAMONDS PLC

Share Issue/Capital Change Feb 14, 2019

7526_rns_2019-02-14_899d69c3-e24f-42e4-967f-a84532b14a04.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

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RNS Number : 0627Q

Botswana Diamonds PLC

14 February 2019

14th February 2019

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Heritage Concession - Marange Diamond Fields

Grant of Right to Mine

Botswana Diamonds ('BOD') the AIM and BSE listed explorer is pleased to advise that our partner in the development of the diamond potential of Zimbabwe, Vast Resources plc have advised that the Chiadzwa Community Development Trust has in principle been granted the right to mine diamonds in joint venture on the Heritage Concession (Block T1A of the Marange Diamond Fields) and has appointed Vast as its joint venture partner in the exploration and mining of diamonds in the area.

The Company is aware that the Chiadzwa Community Development Trust is associated with the Marange-Zimunya Community Share Ownership Trust, the community trust named in the Company's original announcement on the Heritage Concession of 22 August 2018.

Further information will be released to the market in due course.

This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the Southern African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and Mining (UK) and with over 33-years' experience in the diamond sector. 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. The person who arranged for the release of this announcement on behalf of the Company was James Campbell, Director.

ENDS

Enquiries:

Botswana Diamonds PLC

John Teeling, Chairman

James Campbell, Managing Director

Jim Finn, Director
+353 1 833 2833

+27 83 457 3724

+353 1 833 2833
Beaumont Cornish - Nominated Adviser 

Michael Cornish

Roland Cornish
+44 (0) 020 7628 3396
SVS Securities Plc - Broker 

Tom Curran

Ben Tadd
+44 (0) 20 3700 0100
Blytheweigh - PR

Julia Tilley

Fergus Cowan
+44 (0) 20 7138 3206

+44 (0) 207 138 3553

+44 (0) 207 138 3208
Teneo

Luke Hogg

Alan Tyrrell
+353 (0) 1 661 4055

+353 (0) 1 661 4055

www.botswanadiamonds.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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