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Share Name Share Symbol Market Type Share ISIN Share Description
Bluerock Diamonds plc NEX:BRD.GB NEX Ordinary Share GB00B84H1764
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.10p 0.04p 1.71p 0.10p 0.10p 0.10p 0 07:46:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - -

BlueRock Diamonds PLC Tender Results

22/02/2019 7:45am

UK Regulatory (RNS & others)


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RNS Number : 8481Q

BlueRock Diamonds PLC

22 February 2019

BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources

22 February 2019

BlueRock Diamonds PLC ('BlueRock' or the 'Company')

Tender Results

BlueRock Diamonds PLC, the AIM listed diamond producer, which owns and operates the Kareevlei Diamond Mine ('Kareevlei' or the 'Mine') in the Kimberley region of South Africa, is pleased to announce the sales of the 8.97 carat diamond and the 16.28 carat diamond, recovered earlier this month as reported in the Company's announcements of 5 and 8 February 2019 respectively.

The 8.97 diamond achieved a price of $8,306 per carat valuing it at $74,513 and the 16.28 carat diamond sold for $4849 per carat valuing it at $78,947.

Adam Waugh, CEO, commented, "We have sold two high quality 8.97 carat and 16.28 carat, D colour diamonds in the February tender, further strengthening our confidence in the potential of the Mine and the quality of diamonds it produces."

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information, please visit BRD's website www.bluerockdiamonds.co.uk or contact:

 
 BlueRock Diamonds PLC                 awaugh@bluerockdiamonds.co.uk 
  Adam Waugh, CEO                      dfacey@bluerockdiamonds.co.uk 
  David Facey, FD 
 SP Angel (NOMAD and Broker)                Tel: +44 (0)20 3470 0470 
  Stuart Gledhill / Caroline 
  Rowe 
                                    -------------------------------- 
 SVS Securities plc (Joint Broker) 
  Tom Curran                                Tel: +44 (0)20 3700 0100 
                                    -------------------------------- 
 Turner Pope Investments (Joint 
  Broker)                                  Tel: +44 (0) 20 3621 4120 
  Lewis Jones/Andy Thacker 
                                    -------------------------------- 
 St Brides Partners Ltd (Financial          Tel: +44 (0)20 7236 1177 
  PR) 
  Melissa Hancock / Juliet Earl 
                                    -------------------------------- 
 

Notes to editors:

BlueRock Diamonds is an AIM-listed diamond producer which operates the Kareevlei Diamond Mine near Kimberley in South Africa which produces diamonds of exceptional quality and ranks in the top ten in the world in terms of average value per carat. The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes. As at November 2018, it was estimated that the remaining Inferred Mineral Resource from the four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a potential inground number of carats of 367,000.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 22, 2019 02:45 ET (07:45 GMT)

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