24th Nov 2005 15:42
Petra Diamonds Ld24 November 2005 Petra Diamonds Limited Petra Diamonds Limited and Mano River Resources Inc. agree to terminate the Proposed Merger Petra Diamonds Limited ("Petra") (AIM/ASX: PDL) and Mano River Resources Inc. ("Mano") (AIM: MANA; TSX-V: MNO) announce that they have agreed to terminate thepreliminary agreement entered into on 3 October 2005 whereby the businesses ofPetra and Mano would have been combined. Adonis Pouroulis, Chairman of Petra, and Guy Pas, Chairman of Mano, jointlyexpressed that both Petra and Mano consider that it is in their respective bestinterests to terminate the merger. They will continue to work closely togetherto further develop their Kono project in Sierra Leone and collaborate onrelevant technical matters. Ends Petra Diamonds, South AfricaAdonis PouroulisTel +27 11 467 6710 David Abery (c/o Parkgreen Communications, London)Tel +44 20 7493 3713 Parkgreen Communications, LondonJustine Howarth / Annabel LeatherTel +44 20 7493 3713 Field PR, AdelaideKevin SkinnerTel +61 8 8234 9555, Mobile +61 414 822 631 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Petra DiamondsAMBR.L