Stellar Diamonds PLC Board Change (9171L)

TIDMSTEL

RNS Number : 9171L

Stellar Diamonds PLC

06 October 2016

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.

6 October 2016

AIM: STEL

Stellar Diamonds plc

("Stellar" or the "Company")

Board Change

Stellar Diamonds plc, the London listed diamond development company focused on West Africa (AIM: STEL) announces the resignation of non-executive director Luis da Silva with immediate effect. Luis will be stepping down to focus on his role as chief executive of GB Minerals Ltd. (TSX-V: GBL) as it debt finances and advances the Farim phosphate project in Guinea Bissau into development and production.

Stellar Chairman, Lord Daresbury commented:

"Luis' knowledge and experience of exploration in West Africa has been invaluable to Stellar and as a founding director he has been a great support to the Company since its inception as it has advanced to the stage of mine development on the Tongo project in Sierra Leone. I would like to thank him for all he has done for Stellar and wish him well for the future."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

About Stellar Diamonds plc

Stellar is an AIM quoted (AIM: STEL) West African focused diamond company with projects at the trial mining and mine development stages in Guinea and Sierra Leone.

** ENDS **

For further information contact the following or visit the Company's website at www.stellar-diamonds.com.

 
 Karl Smithson,        Stellar Diamonds plc       Tel: +44 (0) 
  CEO                   Stellar Diamonds plc       20 7010 7686 
  Philip Knowles,                                  Tel: +44 (0) 
  CFO                                              20 7010 7686 
 Jon Belliss           Beaufort Securities        Tel: +44 (0) 
                        Limited (Broker)           20 7382 8300 
 Emma Earl             Cairn Financial Advisers   Tel: +44 (0) 
  Sandy Jamieson        (Nominated Adviser)        20 7148 7900 
 Lottie Brocklehurst   St Brides Partners         Tel: +44 (0) 
                        Ltd                        20 7236 1177 
 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 06, 2016 09:15 ET (13:15 GMT)