9th Jun 2005 10:16
Dwyka Diamonds Limited09 June 2005 Dwyka Diamonds Limited Board changes The Directors of Dwyka Diamonds Limited ("Dwyka" or "the Company") are pleasedto announce a number of changes to the structure of the Board to reflect thegrowth of its business. Melissa Sturgess, currently CEO, will assume the role of Executive Chairmanfocusing on the further development of Dwyka's corporate and strategicrelationships in Southern Africa. Effective immediately, Cedric Bredenkamp will assume the role of ManagingDirector of Dwyka Diamonds Limited, responsible for the Company's operations inSouthern Africa. This move reflects Dwyka's progression from a largelyexploration company to a fully fledged hard rock diamond mining company. Cedricand his management team, based in Kimberley, South Africa, have beeninstrumental in the development of the Company and its projects over the pasttwo years. Ed Nealon, currently Non-executive Chairman, will move to the role of anon-executive Director responsible for geology and for Dwyka's Indianexploration programme. Ed will continue to provide strategic guidance to theBoard and to the Chairman. These changes will position the Company for the next stages of its development: 1. the bedding down of its newly acquired assets and the production ofdiamonds from its tailings project with De Beers; and2. an increased focus on the furthering of the Company's corporaterelationships with a view to further diamond production acquisitions. Cedric John Bredenkamp, aged 37, currently holds directorships with Basfour 2624(Pty) Ltd, Superkolong (Pty) Ltd, Diamantrif Delwerye (Pty) Ltd, JJS& L Mining(2000) (Pty) Ltd, Supermix Mining (Pty) Ltd and Biz Afrika 546 (Pty) Ltd. During the previous five years Cedric was a director of Mountclarke (Pty) Ltd, aposition he no longer holds. There are no further disclosures to be made underSchedule Two, paragraph (f) (iii) to (viii) of the AIM Rules. For further information please contact: In Australia: In United Kingdom:-------------------------- -------------------------Melissa Sturgess Laurence Read/ Leesa Peters-------------------------- -------------------------Dwyka Diamonds Limited Conduit PR-------------------------- -------------------------(+618) 9324 2955 +44 (0)20 7618 8707 / +44 (0)7979 955 923-------------------------- ------------------------- www.dwykadiamonds.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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