1st Oct 2007 07:02
Gem Diamonds Limited01 October 2007 01 October 2007 GEM DIAMONDS LIMITED ("Gem Diamonds" or the "Company") NOTICE OF EXTRAORDINARY GENERAL MEETING Further to the announcement on 19 July 2007 regarding the proposed acquisitionof Kimberley Diamond Company NL (the "Acquisition"), the Board of Gem Diamondsannounces that a shareholder circular, convening an extraordinary generalmeeting to be held on 16 October 2007 to approve the Acquisition, was posted toholders of ordinary shares in Gem Diamonds on Friday 28 September 2007. The shareholder circular will shortly be available to the public for inspectionduring normal business hours on any weekday (Saturdays, Sundays and publicholidays excepted) at the Document Viewing Facility at the Financial ServicesAuthority, 25 The North Colonnade, London, E14 5HS. Definitions used in this announcement shall have the meanings given to them inthe announcement dated 19 July 2007, except where context requires otherwise. For further information: Gem Diamond Technical Services (Pty) LimitedClifford ElphickAngela ParrTel: +27115609600 Pelham PRCandice SgroiTel: +442077436376 About Gem Diamonds Gem Diamonds is a diamond mining company with a balanced portfolio of aproducing kimberlite mine, two producing alluvial mines, development projectsand long-term prospects. Established in July 2005, Gem Diamonds is pursuing anaccelerated growth strategy and aims to become one of the world's leadingdiamond companies. Gem Diamonds currently has one producing kimberlite mine,Letseng, in Lesotho, two producing alluvial mines - Cempaka in Indonesia andMbelenge in the Democratic Republic of Congo (DRC), a kimberlite developmentproject in Botswana, two development projects in the DRC, one in the CentralAfrican Republic and an option to develop the Chiri kimberlite concession inAngola. The Company recently made an offer to Kimberley Diamond Company's shareholdersto acquire their shares in this company, which owns the Ellendale Mine in northWestern Australia. Gem Diamonds currently has a specific focus towards higher value diamonds, asegment of the market that its management believes will deliver superior longterm returns. For further information about Gem Diamonds visit www.gemdiamonds.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Gem Diamonds Di