Namakwa Diamonds Limited Third Party Matched Bargain Trading Facility (7058A)

TIDMNAD

RNS Number : 7058A

Namakwa Diamonds Limited

22 March 2013

Namakwa Diamonds Limited (AIM: NAD)

("Namakwa Diamonds" or the "Company")

Third Party Matched Bargain Trading Facility for NAD shares

Following the General Meeting on 12 March the Company announced that it would be cancelling the admission of the Company's ordinary shares of US$0.000625 each to trading on AIM with effect from 7:00 a.m. on 25 March 2013. The last day of dealings in the Company's ordinary shares on AIM will be 22 March 2013.

In order to allow the trading of shares in the Company after 25 March, the Company has appointed BritDAQ to provide a share matching facility.

BritDAQ supplies Company Secretarial and Share Registrar services to unlisted companies, along with an investor forum and a share matching facility. The share matching is handled by Walker Crips Stockbrokers, which is an FSA Authorised Firm.

Namakwa will be using BritDAQ's forums and shareholder email services to communicate with shareholders in the future. To ensure that shareholders are up to date with all developments, the company encourages them to please register at http://www.britdaq.com. Those shareholders seeking to use the share matching facility, will need to upgrade to Gold Membership which is free of charge.

BritDAQ's contact details are:

14-16 Dowgate Hill, London, EC4R 2SU

+44 (0)20 3167 4888

+44 (0)800 987 5350

Email: info@britdaq.com

Web: www.britdaq.com

 
 Namakwa Diamonds                  Shore Capital 
 Theo Botoulas +27 11 465 4505     Pascal Keane +44 20 7408 4090 
 
 Tavistock Communications 
 Simon Hudson/Kelsey Traynor +44 
  20 7920 3150

About Namakwa Diamonds Limited

Namakwa is a diamond resource group, which seeks to extract maximum value from the marketing and sale of Group mined and contracted production.

The Group's mining activities are focused on the Kao Mine in Lesotho. Operated by Storm Mountain Diamonds, the Kao Mine Pipe Complex presents a c.183Mt kimberlite resource of c.11.6m carats ("cts") (c.3.3Mcts indicated and c.8.3Mcts at Inferred level of confidence), with an additional 1.7m carats at a Deposit level of confidence, in which Namakwa holds a 62.5% interest. The other shareholders are the Government of Lesotho (25%) and Kimberlite Investments Lesotho Limited (12.5%).

The Group also maintains alluvial mining operations in the North West Province of South Africa and resource-development and exploration assets in the Northern Cape Province of South Africa and the offshore marine environment of Namibia. These combined resources add a further c.6.9Mcts at Indicated and Inferred levels of confidence to the Group's Global Resource Inventory to a grand total of 18,535,700 carats as at 31 August 2012.

-ends-

This information is provided by RNS

The company news service from the London Stock Exchange

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