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Liquidation of Interest in Bugeco

2nd Jun 2014 07:00

RNS Number : 5091I
Botswana Diamonds PLC
02 June 2014
 



2nd June 2014

Liquidation of Interest in Bugeco

The board of Botswana Diamonds plc ("Botswana Diamonds") (AIM: BOD) is pleased to announce that it will receive in the coming days approximately $340,000 from the liquidation of its interest in Bugeco, a private Belgian company which held an interest in an exploration concession in the Democratic Republic of Congo (DRC).

The funds will be used in the exploration programme in the Orapa area of Botswana conducted in joint venture with our partner Alrosa, the Russian diamond company.

Enquiries:

 

Botswana Diamonds PLC

John Teeling, Chairman

+353 1 833 2833

Jim Finn, Director

Westhouse Securities Limited

Richard Baty

+44 (0) 20 7601 6100

Hugo Rubinstein

Dowgate Captial Stockbrokers Limited

Jason Robertson

+44 (0) 129 351 7744

African Alliance Botswana Securities

Kabelo Mohohlo

+267 364 3954

Oratile Leburu

+267 364 3977

 

Blytheweigh

+44 (0) 20 7138 3204

 

Tim Blythe

+44 (0) 7816 924 626

Halimah Hussain

+44 (0) 7725 978 141

Camilla Horsfall

+44 (0) 7817 841 793

 

Pembroke Communications

Natalie Tennyson

+353 1 649 6486

Alan Tyrrell

+353 1 649 6486

 

www.botswanadiamonds.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
 
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