16th Apr 2007 15:35
SouthernEra Trading Cancelled on AIM TSX: SDM Shares issued and outstanding: 166,232,179
TORONTO and LONDON, April 16 /CNW/ - SouthernEra Diamonds Inc. ("SouthernEra" and the "Company") announced today that it will not be appointing a new nominated advisor for its AIM listing and as such, under established AIM rules, trading of the Company's shares listed on AIM under the symbol SRE, will be cancelled at 7:00 am on April 17, 2007.
Due to an intended share exchange proposal made by Mwana Africa Plc ("Mwana") on March 16, 2007, the Company's nominated advisor for AIM, Canaccord Adams Limited, immediately resigned from its advisory role due to its relationship with Mwana. AIM has, since that date, suspended trading of the Company's shares on that exchange.
The Company advises any shareholders that would normally trade SouthernEra shares on AIM to continue to do so on SouthernEra's listing on the Toronto Stock Exchange under the symbol SDM.
For further information: SouthernEra Diamonds Inc.: Mr. Chris Reynolds, Senior VP, CFO and Secretary, Telephone: (416) 359-9282, Fax: (416) 359-9141, E-mail: [email protected], www.southernera.com; London: 4C-Burvale, Carina Corbett, Director, Telephone: +44 (0) 20 7559 6710, Fax: +44 (0) 20 7559 6501, Email: [email protected] (SRE)
SOUTHERNERA DIAMONDS INCRelated Shares:
Sirius Real Estate