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22-Oct-2018
(Official Notice)
18-Sep-2018
(Official Notice)
29-Aug-2018
(Official Notice)
16-Aug-2018
(Official Notice)
13-Aug-2018
(Official Notice)
19-Jul-2018
(Official Notice)
Rockwell Diamonds Inc. announced today that that there is no change to the status quo, following on to the Company?s inability to file its audited Annual Financial Statements for the year ended February 28, 2018, and Management?s Discussion and Analysis relating to the Annual Financial Statements (collectively, the ?Required Filings?), which were due to be filed on or before the prescribed deadline of June 30, 2018. Unaudited filings were however submitted by the Company in this regard.



The Company is still in discussion with a purchaser with the objective for the Company to dispose of its investment in its Cayman Island subsidiary, N9C, whose main asset is the shares of Rockwell RSA. This transaction is contingent on the successful acquisition by the same purchaser of all claims in all three subsidiaries. The proceeds from such sale will accrue to the Company for the purposes of settling with trade creditors of the Company and making an offer to shareholders to acquire their shares in a going private transaction. The two debenture holders in the Company have indicated that they will not seek repayment and will surrender their debentures. In this outcome, they have indicated that they would accept the purchase of shareholders? interest in priority to their claims, in order to implement an orderly wind down of the Company?s affairs. A final transaction and related agreements, if enacted, will be subject to court, regulatory and shareholder approval in Canada and South Africa.



Following approvals and completion of the share buy back from shareholders under such outcome, the Company is expected to surrender its charter and thereby dissolve. It is important to note that any other potential buyer of the assets of the three subsidiaries, that offers on his own or in combination with other commercial actions by the liquidator, may therefore impact on the sale of N9C to an investor and will therefore impact or frustrate the ability of the Company to wind up its business in an orderly manner as outlined above.
29-Jun-2018
(Official Notice)
Rockwell (the "company") announced that it will be unable to file audited versions of its annual financial statements for the year ended February 28, 2018, its Management?s Discussion and Analysis relating to the Annual Financial Statements, and its Annual Information Form (collectively, the ?Required Filings?) which are required to be filed on or before the prescribed deadline of June 30, 2018.



At the company?s request, Rockwell? shares were delisted at the end of August 2017 from the Toronto Stock Exchange and concurrently listed on the NEX, a separate board of the TSX Venture Exchange. The NEX provides a trading forum for listed companies that have fallen below TSX and TSX Venture?s ongoing listed standards, or companies that have low level of business activity or have ceased to carry on active business. The company is still listed on the Johannesburg Stock Exchange Ltd. in South Africa under the symbol ?RDI?.



Trading of Rockwell?s shares has been suspended since March 24, 2017, initially at the request of the company.



The company is still in discussion with an investor/s with the objective for the company to dispose of its investment in its Cayman Island subsidiary, N9C whose main asset is the shares of Rockwell RSA. This transaction is contingent on the successful acquisition of all claims by the same investor/s of all the claims in all three subsidiaries. The proceeds from such sale will accrue to the company for purposes of settling with trade creditors of the company, and making an offer to shareholders to acquire their shares in a going private transaction. The two debenture holders in the company have indicated that they will not seek repayment and will surrender their debentures. They will accept the purchase of shareholders? interest in order to implement an orderly wind down of the company?s affairs. A final transaction and related agreements will be subject to court, regulatory and shareholder approval in Canada and South Africa, and are expected to take to end August 2018.
15-Jan-2018
(Official Notice)
Rockwell filed its third quarter 2018 results, and provided a further update as to the developments with respect to its three subsidiaries in South Africa. These subsidiaries are Rockwell Resources RSA (Pty) Ltd. (Rockwell RSA), HC van Wyk Diamonds Ltd. (HC van Wyk) and Saxendrift Mine (Pty) Ltd. (Saxendrift). Material elements include:

* The financial results presented included the financial statements of the Company and its two subsidiaries in Cayman Islands, but did not consolidate the three subsidiaries in South Africa. The Company no longer has control over the three subsidiaries sufficient to consolidate under IFRS.

* The financial results show a nine-month comprehensive income (but non cash) of CAD22.6M which results almost entirely from the reversal of foreign currency reserves in respect of the operations in South Africa, and certain stock based compensation reserves, that were unwound upon deconsolidation.

* There were no mining or processing operations as the Business Rescue Practitioners (BRPs) successfully applied to place the three subsidiaries back into provisional liquidation on September 6, 2017 and placed the Wouterspan plant on care and maintenance.

* The three subsidiaries were again placed in provisional liquidation on September 22, 2017 by the BRPs, Metis Strategic Advisors Pty and their legal counsel Werksmans of Johannesburg, notwithstanding the fact that an offer had been received from Ascot Diamonds, an affiliate company of Diacore with a proven purchasing capability, to buy the three subsidiaries on a going concern basis at a value in excess of liquidation value, and notwithstanding that the operations were break-even for August 2017. As a result, all claims are stayed against the three subsidiaries.
09-Nov-2017
(Official Notice)
17-Oct-2017
(Official Notice)
17-Oct-2017
(C)
Although the Group experienced a total comprehensive income of CAD23.5 million for the period ended 31 August 2017 (31 August 2016: incurred a loss of CAD0.2 million) due to the exchange differences on translating foreign exchange operations being written back due to the deconsolidation of the Company's subsidiaries, as of this date its currentliabilities exceed its current assets by CAD16.3 million (31 August 2016: CAD11.8 million). Headline loss per share for the interim period widened to CAD1.10 cents per share (31 August 2016: loss of CAD0.40 cents per share).
03-Oct-2017
(Official Notice)
Rockwell Diamonds Inc. is pleased to announce that all the resolutions put forward in the Company?s Notice of Meeting and Management Information Circular, both dated August 29, 2017, were passed by the shareholders at the annual general and special meeting held in Toronto today. Votes representing 18,585,038 shares (33.80% of the issued and outstanding shares at the record date) were cast.
22-Sep-2017
(Official Notice)
18-Sep-2017
(Official Notice)
Rockwell (the "company") provided a further update as to the developments with respect to its three subsidiaries in South Africa which are currently in business rescue. These subsidiaries are Rockwell Resources RSA (Pty) Ltd (Rockwell RSA), HC van Wyk Diamonds Ltd (HC van Wyk) and Saxendrift Mine (Pty) Ltd. (Saxendrift).



The company has had several discussions with three parties regarding a rescue transaction, resulting in a letter from counsel for one of the interested parties to Metis Strategic Advisors, the business rescue practitioners (BRPs), on September 13, 2017. The letter informed the BRPs that an offer was to be expected, it was in excess of liquidation value, and they were invited to a meeting to finalize this for September 18, 2017. The BRPs have been involved in such discussions for some weeks.



Notwithstanding this, the BRPs made a motion yesterday in the Kimberley High Court to place the three subsidiaries back in provisional liquidation and informed us today that they have started the process to place the Wouterspan mine on care and maintenance, a decision which will be reviewed should an acceptable transaction as described above be received. The court date is set for Friday, 22 September 2017.



This application follows a month in August when operations under the BRPs? direction at the company?s Wouterspan mine were breakeven before BRP costs, where grade was 0.77 cts per 100 cubic meters, prices achieved exceeded plan, but volumes remained below plan at 77 000 cubic meters. Budget was for 175 000 cubic meters, and the operations had never reached plan under the BRPs? three months of direction.



The company is unclear why the BRPs chose not to wait to file such motion based on the outcome of the final discussions regarding a proposed transaction, when written assurance had been provided that the offer would exceed liquidation value. The company plans to continue the discussions on September 18, 2017, and is advised that one BRP has agreed to attend while the other is not available for personal reasons. The company will provide a further update after such meeting.
13-Sep-2017
(Official Notice)
Shareholders are hereby advised that PSG Capital (Pty) Ltd. has resigned as the sponsor to the company with effect from 31 October 2017.
01-Sep-2017
(Official Notice)
Notice is hereby given that the annual general and special meeting of Rockwell will be held at the offices of Fasken Martineau DuMoulin LLP, Suite 2400, 333 Bay Street, Toronto, Ontario M5H 2T6 on Monday, 2 October 2017 at 10h00 a.m. (Toronto time) or 4:00 p.m. (South Africa time) (?Meeting?).



Shareholders are hereby advised that Rockwell?s abridged financial statements for the year ended 28 February 2017 were dispatched to shareholders in South Africa on 1 September 2017, and will be dispatched to shareholders in Canada on the same date, together with the Meeting Notice (?Notice?), Management Information Circular (?Circular?) and Form of Proxy. The full audited consolidated financial results published on 31 May 2017 are available on Rockwell?s website at www.rockwelldiamonds.com.



Shareholders who wish to participate in the Meeting are referred to the Proxy Information contained in the Circular which will be available on www.sedar.com as from today, 1 September 2017.



In respect of the company?s South African register, only shareholders of record as of Friday, 22 September 2017 (?the Record Date?) are entitled to vote at the Meeting.



Details on the manner in which Shareholders can register themselves for the Meeting are contained in the Circular.



All voting instructions must reach the relevant transfer secretaries as detailed in the Circular by no later than 10:00 a.m. (Toronto time) or 04:00p.m. (South African time) on Thursday, 28 September 2017.
21-Aug-2017
(Official Notice)
Rockwell announced that its board of directors have, after engaging with the Toronto Stock Exchange, decided to delist from the TSX and list with the NEX (a separate board of the TSX Venture Exchange) given the status of its South African subsidiaries which are under business rescue.



The Company expects this concurrent delisting and relisting to take place on or about August 31, 2017.



As disclosed previously, the Company had decided in April to seek to delist from the TSX in view of its current market capitalization, and to initiate the application process for listing on the TSXV, however, considering the current status of its South Africa subsidiaries the decision has been made to list on the NEX. The NEX is a separate board of TSX Venture Exchange. It provides a trading forum for listed companies that have fallen below TSX and TSX Venture's ongoing listing standards, or are companies that have low levels of business activity or have ceased to carry on active business.



Trading of RDI shares on the Toronto Stock Exchange and Johannesburg Stock Exchange was halted, pending the outcome of the hearing on the merits of the liquidation application against the Company?s three subsidiaries, which has now been postponed to November 3, 2017 in view of the business rescue proceedings. The Company however, remains in full compliance with its securities regulatory requirements.



The business rescue practitioners continue to work towards delivering a business rescue plan on or before September 30, 2017.
25-Jul-2017
(Official Notice)
Rockwell (the "company") announced that it has postponed its annual meeting of shareholders (?AGM?) scheduled for August 23, 2017 to October 2, 2017.



The key reason for the postponement is that the business rescue plan relating to the company?s South African subsidiaries which are being managed under the South African Business Rescue Provisions has to be filed by September 30, 2017.



The record date for the AGM is set at Friday, August 25, 2017 in respect of the company?s Canadian register; only shareholders on record as of Friday, August 25 are entitled to receive notice of the meeting and entitled to vote at the meeting.



In respect of the company?s South African register, only shareholders on record as of Friday, August 25, 2017 are entitled to receive notice of the meeting and only shareholders on record as of Friday, September 22, 2017 are entitled to vote at the meeting, with the last day to trade being Tuesday September 19, 2017.
18-Jul-2017
(Official Notice)
18-Jul-2017
(C)
Gross loss for the period widened to CAD834 000 (2016: profit of CAD1.835 million), loss for the period soared to CAD2.289 million (2016: profit of CAD570 000), while headline loss per share came in at CAD3.95 cents per share (2016: earnings of CAD0.67 cents per share).



Dividend

No dividend was declared.
29-Jun-2017
(Official Notice)
Rockwell Diamonds Inc. provides an update to the liquidation application brought by C-Rock Mining td. (??CML??) against three subsidiaries of the company, which resulted in a provisional liquidation order having been issued by a judge in Kimberley, South Africa on March 23, 2017 in respect of Rockwell Resources RSA (Pty) Ltd. (Rockwell RSA), HC van Wyk Diamonds Ltd (HC van Wyk) and Saxendrift Mine (Pty) Ltd. (Saxendrift).



The company has reported previously that on 18 May 2017 the three subsidiaries attended before the High Court of South Africa, Northern Cape division, in respect of certain creditors? applications to place the subsidiaries in business rescue. The applications resulted in the commencement of business rescue proceedings for the three subsidiaries pursuant to an order of the court. The commencement of business rescue proceedings has effectively suspended any liquidation proceedings. Accordingly, the court hearing to consider the merits of the liquidation application which had been scheduled for June 22, 2017 has been postponed to October 31, 2017, with the consent of all parties. This date is subsequent to the proposed business rescue plan filing, which if accepted will also likely be compelling with respect to the liquidation application. The appropriate manner in which to deal with the suspended liquidation application will be included in the business rescue plan.



The appointed business rescue practitioners, Messrs. Peter van den Steen and Trevor Murgatroyd of Metis Strategic Advisors, are actively working alongside the company?s management to prepare a business rescue plan, which will deal with all claims against the respective subsidiaries. The business rescue plan is required to be published on or before 30 September 2017.



Furthermore, Mr. Stephen Le Roux has recently been employed to lead Rockwell?s Middle Orange River operations. Mr. Tjaart Willemse, who was contracted to lead the turnaround plan back in September 2016, will be working with Mr. Le Roux and the team to ensure that the company is equipped with appropriate management resources to be able to continue managing the business after Mr. Willemse?s scheduled departure at the end of September 2017.

31-May-2017
(Official Notice)
31-May-2017
(C)
Sale of diamonds decreased to CAD26.1 million (CAD37.7 million) whilst gross loss improved to CAD11.8 million (loss of CAD12.8 million). Loss attributable to owners narrowed to CAD14.5 million (loss of CAD28.3 million). Furthermore, headline loss per share lowered to CAD12.78cps (loss of CAD49.03cps).
25-May-2017
(Official Notice)
Shareholders are referred to the previous SENS announcement dated 19 May 2017, concerning the business rescue proceedings of the following three subsidiaries (?the Rockwell Subsidiaries?) of the company:

*Saxendrift Mine (Pty) Ltd. (2006/005971/07);

*Rockwell Resources RSA (Pty) Ltd. (2005/023297/07); and

*HC van Wyk Diamonds Ltd (2001/006812/06).



Shareholders are advised that on 18 May 2017, the High Court of South Africa (Northern Cape Division) (?Court?) granted orders placing the Rockwell Subsidiaries under supervision and commencing business rescue proceedings in terms of section 131 (1) of the Companies Act No 71 of 2008 (?the Act?).



Peter van den Steen and Trevor Murgatroyd were jointly appointed by the Court in terms of section 131(5) of the Act as the interim business rescue practitioners (?BRP?) in relation to the business rescue proceedings in each of the Rockwell Subsidiaries.



Any affected persons (within the meaning of section 128(1)(a) of the Act are hereby advised that they are entitled to notice of the business rescue proceedings.



Accordingly, the following documents relating to the business rescue proceedings are available for inspection on the website of the Company at www.rockwelldiamonds.com:

*a copy of Form CoR123.1, being the Notice of Beginning of Business Rescue Proceedings;

*a copy of the court order granted on 18 May 2017 and filed with the Companies and Intellectual Property Commission.

*Please note that in terms of section 132(1)(b)of the Act, in respect of each of the Rockwell Subsidiaries, business rescue proceedings commenced on the respective dates on which the relevant affected persons applied to the court for an order placing the relevant Rockwell Subsidiary under supervision in terms of section 131(1) of the Act.



Shareholders are advised that the company?s shares remain suspended on the JSE. The BRP?s will issue monthly progress reports as required by the JSE.



19-May-2017
(Official Notice)
02-May-2017
(Official Notice)
Rockwell provided an update to the interim liquidation orders brought by C-Rock Mining Ltd. (??CML??) against three subsidiaries of the Company issued by a judge in Kimberley South Africa on March 23, 2017. The interim orders, which have yet to be confirmed in a final hearing which will include adjudication of the merits of the application and which has not happened to date, include Rockwell Resources RSA (Pty) Ltd. (Rockwell RSA), HC van Wyk Diamonds Ltd. (HC van Wyk) and Saxendrift Mine (Pty) Ltd. (Saxendrift). Interim liquidators have been appointed by the Master of the High Court, in accordance with requisitions by the major creditors, but their powers have now been suspended in view of further filings by the Company regarding business rescue. Accordingly, they all remain under the operating control of the Company.



In that respect, the Company confirms that the Wouterspan plant is now in the ramp up stage after commissioning. Last week, one of the diamonds recovered was a 60 carat stone which sold for USDD8 000 per carat.



The Company appeared before Judge CC Williams again on Wednesday, April 26 in the Kimberley High Court. The only issue at hand in the hearing was the application by the Company to bring the June 22 hearing date forward to as early as possible, in order to have the merits of the Company?s liquidation application rebuttals adjudicated. These rebuttals were outlined in the Company?s press release of April 12, 2017. Judge Williams made it clear that urgency was no longer a consideration, in view of the business rescue filings, and that the hearing date remains June 22, 2017. The business rescue hearings are currently scheduled for May 12, 2017.



While the judgement is not what the Company sought, Judge Williams reaffirmed the principle that business rescue suspends both the powers of the provisional liquidators and the liquidation process, effectively allowing the Company ?s subsidiaries to carry on business. On this basis, there is no pressing practical need to bring the final hearing date in the liquidation proceedings forward.
21-Apr-2017
(Official Notice)
18-Apr-2017
(Official Notice)
04-Apr-2017
(Official Notice)
We refer to the SENS announcement released by the company on 27 March 2017 in terms of which the company advised that trading in the company?s shares on the Toronto Stock Exchange (?TSX?) and the JSE have been halted following the granting of an interim liquidation order against the company?s operating entities in South Africa, as announced in a previous SENS announcement dated 24 March 2017. The company is opposing the liquidation application and believe that there are no grounds for granting the liquidation order.



The company has been advised by the TSX that its shares had been suspended, pending a delisting review. In addition, the TSX have advised the company that they will only consider the delisting review following the outcome of the final hearing for the liquidation application, which has been set down for 12 April 2017. Given the above, the company is of the view that it is prudent to suspend trading of its shares on the JSE, until such time as the TSX has provided feedback on its delisting review.



Accordingly, the company has made application to the JSE to voluntarily suspend the trading of its shares until such time as the company obtains clarity from the TSX on its delisting review. The JSE has agreed to voluntarily suspend the trading of the company?s shares on the basis that the suspension of its shares on the JSE be lifted as soon as the company provides the JSE with confirmation that the suspension on the TSX has been lifted. For further information on Rockwell and its operations in South Africa, please contact:

Tjaart Willemse (Chief Executive Officer)

+27 (0)83 407 1063



David Tosi (PSG Capital ? JSE Sponsor)

+27 (0)21 887 9602



27-Mar-2017
(Official Notice)
Shareholders are referred to the SENS announcement of 24 March 2017. The company has been advised that the TSX has temporarily halted trading in the company?s shares in order to assess the impact of the announcement.



Accordingly trading in the company?s shares on the JSE has been halted until such time as trading resumes on the TSX.



The company is engaging with the TSX in order for trading to commence as soon as possible and will update shareholders in due course.
24-Mar-2017
(Official Notice)
21-Feb-2017
(Official Notice)
Rockwell announced that it has concluded the sale transaction entered into with Nelesco 318 (Pty) Ltd. (?Nelesco?) for certain assets, the assumption of ZAR70 million (CAD7.0 million) in rehabilitation liabilities, the transfer of 100 employees and a cash consideration of ZAR45 million (CAD4.5 million) as announced in December 2016. The first of three payments, ZAR20 million (CAD2.0 million), was settled after the fulfillment of certain suspensive conditions, as agreed. The second payment tranche is ZAR15M (CAD1.5 million) and is due on completion of the registration of the Saxendrift farm in the name of Nelesco, and the balance of ZAR10 million (CAD1.0 million) upon approval of the Section 11 transfer of the mineral properties to the name of Nelesco as well as the consent of the Takeover Regulation Panel of South Africa. In the press release of December 22, 2016 the expected impairment of book value was CAD1.25 million which is now restated as CAD8.55 million on completion of the transaction.



Nelesco has in the meanwhile completed site establishment and commenced its mining operations. Until the Section 11 transfer is received, all operations will be on a contract mining basis with a royalty payable to the Company of 2.5% of revenue from diamonds recovered from properties covered by the transaction. Nelesco will be responsible for any related rehabilitation liabilities.
17-Jan-2017
(Official Notice)
17-Jan-2017
(C)
Sale of diamonds fell to CAD2.4 million (CAD6.9 million) whilst gross loss narrowed to CAD3.7 million (loss of CAD7.0 million). Loss attributable to owners improved to CAD5.5 million (loss of CAD9.3 million). In addition, headline loss per share was CAD10.01 cps (loss of CAD17.14cps).
23-Dec-2016
(Official Notice)
Rockwell announced that it has entered into a purchase and sale agreement with Nelesco 318 (Pty) Ltd. (?Nelesco?) for certain assets and the assumption of certain liabilities for cash consideration of R45M (CAD4.3M), and the assumption of R70M (CAD6.7M) in rehabilitation liabilities, and the transfer of almost 100 employees. In addition, the deferred taxes of R29M (CAD2.8M) arising on the 2015 purchase of Pioneer Minerals, being an accounting entry under International Financial Reporting Standards, will be reversed, thus reducing consolidated liabilities by a total of R99M (CAD9.5M). An impairment of CAD1.25M book value is expected to be recorded on the transaction.



Payment will be in three tranches, the first being R20M (CAD1.9M) upon the completion of certain suspensive conditions, expected by January 31, 2017, the second being R15M (CAD1.4M) due on completion of the registration of the Saxendrift farm in the name of Nelesco, and the balance of R10M (CAD0.95M) upon the completion of and consents to assign certain contracts, the Section 11 transfer approval of the mineral properties to the name of Nelesco as well as the consent of the Takeover Regulation Panel of South Africa. During the period up to completion of all conditions, Nelesco will operate on a contract mining basis with a royalty payable to the Company of 2.5% of revenue from diamonds recovered from properties covered by the transaction and be responsible for any related rehabilitation liabilities. In addition, the transaction provides for the lease of the Saxendrift office and accommodation complex back to the Company for a period of twenty years as well as access to water. The Company will provide electricity to Nelesco at
30-Nov-2016
(Official Notice)
Rockwell (the "company") announced that the spoliation application by C-Rock Mining Ltd. (?CML?) was dismissed with costs.



Earlier today, 30 November 2016, the High Court in Kimberley, South Africa, dismissed CML?s application for a spoliation order and awarded all costs to Rockwell. This decision clears the way for the company to resume its mining activities. which is expected to happen before the weekend.



Rockwell continues to pursue additional legal processes to deal with damages and other related contracts as well as matters arising from the forensic review, as reported on 24 November, 2016.
25-Nov-2016
(Official Notice)
10-Nov-2016
(Official Notice)
Rockwell announced the appointment of Patrick Cooke CA(SA) as Chief Financial Officer with effect on November 7, 2016. Patrick is a senior financial executive, a graduate of the University of Witwatersrand in Johannesburg, and earned his CA designation in South Africa articling with Deloitte. He has several years of senior experience in the mining industry. He has been CFO of Pangea Diamonds, a London (AIM) and Johannesburg inter-listed alluvial diamond producer, a CFO with three other entities, and commenced his commercial career as a banker with Barclays. He has been a non- executive director of several companies including two listed on the Toronto Stock Exchange.
03-Nov-2016
(Official Notice)
Rockwell ( the "company") announces the following update on its ongoing strategic review and implementation of the mining contract.



Liquidity

Rockwell disclosed in the second quarter management discussion and analysis issued in mid-October, that it was undertaking a strategic review of its assets and business options. As a consequence of this review the company can today confirm it has received offers for certain assets and is considering its options and the possibility of transacting on one or more of the assets. Should a transaction be concluded it is anticipated that it would improve liquidity and the company?s working capital position. The materiality of the considered transaction is not considered to be of such a size to require shareholder approval and the market will be updated on any further developments and/or final transaction agreements.



In an unrelated matter, the implementation of the mining agreement between H C Van Wyk Diamonds Ltd. (?HCVW?) and C-Rock Mining Ltd. (?CML?), and other related agreements between HCVW, Saxendrift Mine (Pty) Ltd (collectively, ?the Subsidiaries?) and CML, have not proceeded as per the agreements and as a result the Subsidiaries have given notice to CML that the various agreements have been terminated and the Subsidiaries are engaged in a dispute over these agreements. It has been brought to our notice that CML and/or some of its agents have been distributing confidential information to third parties in contradiction with their contractual and confidential agreements with Rockwell and its Subsidiaries in an attempt to influence the outcome of the legal process which the company intends to pursue robustly.
17-Oct-2016
(C)
17-Oct-2016
(Official Notice)
23-Sep-2016
(Official Notice)
13-Sep-2016
(Official Notice)
Rockwel announced that James Campbell, the Chief Executive Officer, has tendered his resignation and in an unrelated development, that Stephen Dietrich and Rick Menell have also tendered their resignations as directors.



The board undertook a strategic review on August 28, 2016, by means of a special board committee. The goal was to evaluate the positioning of Rockwell in the diamond mining space, as well as the eff ectiveness of defined strategies that were implemented over the past period by the company. This review included the performance of its Remhoogte acquisition, which has been below plan, and the construction of the new Wouterspan plant that is behind schedule with a higher cost. Notwithstanding this, the first phase of the wet plant at Wouterspan, being the first two of four circuits, is substantially complete and diamond grades are in line with expectations.



The board also carried out a management review following the recent exit of two senior managers. The board determined that further intervention on operations and plant completion was necessary, while new opportunities are being assessed.



James Campbell has tendered his resignation and agreed on a structured handover before leaving at the end of November 2016 as per his employment contract. He will also remain a director of the Company, working closely with the board and the newly appointed Executive Officer Tjaart Willemse. Tjaart will assume chief executive authority for day to day operations and plant completion, reporting to the Chairman of the board. Tjaart is a mining engineer by profession with 25 years of senior operational, production and executive management experience, particularly in operating plants in the diamond industry with De Beers in South Africa. Tjaart will also work with the board to continue the review of the company?s management structures and operating plans going forward.



As part of this review, the board structure will also change to accommodate the resignation of two non-executive directors: Stephen Dietrich for personal health reasons and Rick Menell for reasons relating to his already demanding schedule. They will be replaced by the appointment of Richard Mhlontlo who will represent Rockwell?s Black Economic Empowerment (?BEE?) shareholder. Richard was previously the Group Human Resource and Industrial Relations Manager for Rockwell.
25-Aug-2016
(Official Notice)
Rockwell (the ?company?) announced that all the resolutions put forward in the company?s notice of meeting and management circular, both dated July 18, 2016, were passed by the shareholders at the annual general meeting held in Toronto today, 25 August 2016.
22-Jul-2016
(Official Notice)
Shareholders are hereby advised that Rockwell?s abridged annual report, containing the abridged financial statements for the year ended 29 February 2016, was dispatched to shareholders in South Africa on 22 July 2016, and will be dispatched to shareholders in Canada on 27 July 2016, and contains no modifications to the audited consolidated financial results which were published on 31 May 2016. The full annual report is also available on Rockwell?s website at www.rockwelldiamonds.com.



Notice of annual general meeting

Notice is hereby given that the annual general meeting of Rockwell will be held at the offices of Fasken Martineau DuMoulin LLP, Suite 2400, 333 Bay Street, Toronto, Ontario M5H 2T6 on Wednesday, 24 August 2016 at 10h00 a.m. (Toronto time) or 4:00 p.m. (South Africa time).



13-Jul-2016
(Official Notice)
13-Jul-2016
(C)
Sale of diamonds for the quarter increased to CAD12.1 million (2015: CAD8.3 million), gross profit turned around to CAD1.8 million (2015: loss of CAD4.6 million), profit for the period came in at CAD570 000 (2015: loss of CAD5.2 million), while headline earnings per share was CAD0.67 cents per share (2015: loss of CAD8.82 cents per share).
15-Jun-2016
(Official Notice)
Rockwell reports improved productivity and increased sales; good progress on the Wouterspan construction project.Rockwell Diamonds Inc. announces its quarterly production and sales update for the three months ended May 31, 2016:



Salient features

*Strategy - Rockwell continues to pursue its medium term target to process 500,000m3 of gravel per month in the Middle Orange River (?MOR?). Immediate focus is on:

*the construction and commissioning of the plant at Wouterspan (?WPC?) by August 2016,

*continuous improvement of mining throughput at Remhoogte (?RHC?),

*the cost effective wind down of Saxendrift by August 2016, and

*the transition to an outsourced mining contract to externalize mining volumes and equipment risk.

* Volumes - were up 32% on Q1 2016 and 7% on Q4 2016, chiefly due to substantially higher volumes mined and processed at RHC.

*Grades - MOR grades were up 12% on Q4 2016 owing to better recoveries from the middlings material at Saxendrift (which was up 21%) mitigating a drop in grades at RHC (down 11%).

*Carat sales - 4,880 carats, up 3% on Q4 2016 and 59% Q1 2016.

*Value of sales - increased 31% from Q4 2016 and 67% on Q1 2016, to US$9.1 million (excluding beneficiation). Total sales (including royalty contractors? production but excluding beneficiation) were also up by 31% on Q4 2016 and 40% on Q1 2016.

*Average price per carat - improved by 27% on Q4 2016 to US$1,864.

*Notable recoveries - thirty +20-carat stones recovered at Saxendrift and RHC, with the three largest stones being +96, +90 and +60.

*Rough diamond inventory - 997 carats were carried over into the second quarter of fiscal 2017 (including royalty contract goods).

*Safety - at May 31, 2016, the Company had achieved 1,500,000 lost time injury free hours (?LTIFH?) at its MOR operations.

*Construction - progress continues on the Wouterspan project, with construction almost completed, and commissioning scheduled from August.

31-May-2016
(Official Notice)
31-May-2016
(C)
Sale of diamonds lowered to CAD37.7 million (2015: CAD56.9 million). Gross loss widened to CAD12.8 million (2015: loss of CAD8.9 million). Loss attributable to owners of the parent came in at CAD28.3 million (2015: loss of CAD14.0 million). Furthermore, headline loss per share worsened to CAD49.03 cents per share (2015: loss of CAD19.81 cents per share).
26-Apr-2016
(Official Notice)
18-Jan-2016
(Official Notice)
Rockwell announced that further to shareholder approval for, among other things, the issuance by Rockwell of up to 425 000 common shares as a share bonus, Rockwell has issued 425 000 shares to certain officers and employees of the Company .
15-Jan-2016
(C)
Gross loss for the quarter widened to CAD7 million (2014: loss of CAD4.9 million), loss attributable to owners of the parent rose to CAD9.3 million (2014: loss of CAD4.8 million), while headline loss per share jumped to CAD17.14cps (2014: loss of CAD8.87cps).



Outlook

Rockwell remains focused on rebuilding its MOR production profile, delivering and processing budgeted volumes effectively, and delivering further growth opportunities from its project pipeline as well as new business opportunities.
15-Jan-2016
(Official Notice)
07-Jan-2016
(Official Notice)
28-Dec-2015
(Official Notice)
Rockwell announced that further to the previously announced restructuring of debt owed by the Company to Ascot Diamonds (Pty) Ltd. (?Ascot?) and Emerald Holdings Ltd. (?Emerald?), and further to shareholder approval for, among other things, the issuance by Rockwell of up to 31 783 651 common share purchase warrants (?Warrants?), the Company has issued 18 952 316 Warrants to Ascot and 2 362 924 Warrants to Emerald at an exercise price of USD0.20.
16-Oct-2015
(Official Notice)
16-Oct-2015
(C)
Sale of diamonds revenue decreased to CAD20.5 million (2014: CAD23.9 million), gross profit rose to CAD2.3 million (2014: CAD1.8 million), loss attributable to owners of the parent soared to CAD4 million (2014: loss of CAD986 000), while headline loss per share widened to CAD6.65cps (2014: loss of 1.53cps).
25-Sep-2015
(Official Notice)
Rockwell announced that all the resolutions put forward in the Company?s notice of meeting and management information circular, both dated August 24, 2015, were passed by the shareholders at the annual general and special meeting held in Toronto.
21-Sep-2015
(Official Notice)
Rockwell (the "company") announced its quarterly production and sales update for the three months ended August 31, 2015:



Currency values are presented in Canadian dollars, unless otherwise indicated.



Salient features

* Strategy - Rockwell is making progress in rebuilding its Middle Orange River (?MOR?) footprint following the acquisition of the Remhoogte - Holsloot Complex (?RHC?) assets and expediting exploration work on its development projects at Lanyonvale and Wouterspan.

* Volumes - gravel processed were 15% down year-on-year, chiefly due to the closure of Niewejaarskraal (?NJK?). Production volumes at RHC were ahead of plan. Saxendrift processed lower volumes than last quarter because of the feed being mostly denser Rooikoppie gravels, and the closure of Saxendrift Hill Complex (?SHC?) in December 2014.

* Grade - Saxendrift posted a grade increase of 58% year-on-year, offsetting the lower Rooikoppie volumes processed. RHC, which was acquired on May 28, 2015, recorded grade of 0.9 cphm3 with all three processing plants now in operation, as expected in the acquisition diligence.

* Carat sales - up 40% year-on-year to 5,331 carats, and the value of these goods also increased by 6% to USD9.5 million (excluding beneficiation). Total sales (including contractor production but excluding beneficiation) were down 28% to USD9.6 million due to the sale of Tirisano at the end of March.

* Average carat price - down 24% from company-owned properties, to USD1 791 per carat reflecting general market weakness, and sub threshold processing for the recovery of larger stones at RHC.

* Rough diamond inventory - 730 carats (including the remaining royalty contract miners? inventory) carried over into third quarter of fiscal 2016.

* Equity financing - was suspended on August 24, 2015, due to the downturn in global commodity and equity markets. The existing acquisition debt of CAD16.5M will remain in place for the immediate future, resulting in operating cash flows from diamond sales being used to service and repay debt, and this will have an impact on the progress of development projects. To date, CAD3.8M of acquisition and convertible debt has been repaid since May, 2015. Shareholders? are to vote at a meeting to be held on September 23, 2015 to approve issue of up to 31.8 million three year warrants in settlement of the bridging loan, in the absence of having raised sufficient equity to settle the loans.
01-Sep-2015
(Official Notice)
Shareholders are hereby advised that Rockwell?s annual report, containing the audited financial statements for the year ended 28 February 2015, was dispatched to shareholders on 31 August 2015, and contains no modifications to the audited condensed consolidated financial results which were published on 29 May 2015. The annual report is also available on Rockwell?s website at www.rockwelldiamonds.com.



Notice of AGM

Notice is hereby given that the annual general meeting of Rockwell will be held at the offices of Fasken Martineau DuMoulin LLP, Suite 2400, 333 Bay Street, Toronto, Ontario M5H 2T6 on Wednesday, 23 September 2015 at 10:00 a.m. (Toronto time) or 4:00 p.m. (South Africa time).
19-Aug-2015
(Official Notice)
Rockwell (the "company") announces that it has decided to postpone its annual meeting of shareholders scheduled for September 16, 2015 to September 23, 2015. Except for shareholders in South Africa, the record date for the meeting will remain as August 12, 2015. In respect of the company?s South African register, only shareholders of record as of August 21, 2015 are entitled to receive notice of the meeting and only shareholders of record as of September 18, 2015 are entitled to vote at the meeting. The reason for the postponement is to provide enough time for the meeting materials to be mailed to and received by registered and beneficial shareholders of the company. The company has previously obtained approval from the Toronto Stock Exchange to hold its annual meeting no later than October 1, 2015.
31-Jul-2015
(Official Notice)
Rockwell announced that it has decided to delay holding its next annual meeting which was due to be held by August 28, 2015 to September 16, 2015. The Company?s reason for the delay in holding its annual meeting is with respect to the timing of the completion of its current prospectus offering which is raising funds to repay certain loans entered into in connection with the acquisition of the Remhoogte/Holsloot Project. The Toronto Stock Exchange confirmed that it does not object to the Company delaying the date of its annual meeting to September 16, 2015.
20-Jul-2015
(Official Notice)
Rockwell advised that it has filed an amended and restated preliminary short form prospectus (the ?Prospectus?) in all provinces of Canada other than the Province of Qu?bec in connection with a proposed offering (the ?Offering?) of units (the ?Units?) of the Company for minimum gross proceeds of CAD15 million and maximum gross proceeds of up to CAD22 million to be priced in the context of the market. Each Unit will be comprised of one common share of the Company and portion of a common share purchase warrant on terms to be determined in the context of the market. The Prospectus amends and restates a preliminary short form prospectus of the Company dated February 27, 2015.



Dundee Securities Ltd. (the ?Agent?) will act as the lead agent in respect of the Offering.



The Company also has granted the Agent an over-allotment option to purchase such number of Units as is equal to up to an additional 15% of the Units purchased under the Offering, exercisable in whole or in part at any time not later than the 30th day following the closing date for the Offering.



The Company expects to use the net proceeds of the Offering to repay certain loans (the ?Loans?) incurred to finance the acquisition of certain alluvial diamond properties and associated plants and equipment from Bondeo 140 CC and its affiliates (the ?Acquisition?). Any net proceeds above the amount required to repay the Loans may be used by the Company for exploration and development of the properties acquired through the Acquisition and for working capital and general corporate purposes. For further details on the Loans and the Acquisition, please see the Company?s material change report dated June 9, 2015 and available at www.sedar.com.



This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein.
15-Jul-2015
(Official Notice)
15-Jul-2015
(C)
Sale of diamonds for the quarter ended 31 May 2015 was lower at CAD8.3 million (CAD9.7 million). Gross loss came in at CAD4.6 million (profit of CAD2.5 million). Total loss attributable to owners of the parent came in at CAD5.1 million (profit of CAD405 000), while headline loss per share was recorded at CAD8.82 cps (headline profit per share of CAD1.12 cps).



Outlook

Having completed the acquisition, Rockwell?s focus is now on rebuilding its production profile and delivering further growth opportunities from its project pipeline as well as new business opportunities.



Rockwell expects to steadily ramp up RH/HS throughput and further rationalize the various processing plants into one operational structure by August 2015. Expansion plans also include constructing an in field screen to increase monthly volumes to 200,000m3.



Production from the RH/HS Project provides Rockwell with headroom to rationalize its existing operations, redeploying assets to newly acquired operations and expediting work on development projects. In the medium term, the Company will retire those mines that are reaching the end of their economic lives, including Saxendrift, moving existing plant and EMV assets to build new operations at fresh resources from the Company?s project pipeline. Its exploration priorities are to complete geological mapping at Lanyonvale and more towards bulk sampling and at Wouterspan, the goal is to commence bulk sampling after completing the feasibility studies. Both are considered to have significant potential to add to the Company?s resources.



The Company also continues to evaluate new projects and value accretive consolidation opportunities to meet its strategy to become a mid tier diamond producer.
25-Jun-2015
(Official Notice)
29-May-2015
(Official Notice)
29-May-2015
(C)
Sales of diamonds increased to CAD56.9 million (CAD41.1 million). Gross loss was recorded at CAD8.9 million (loss of CAD710 000). The net attributable loss came in at CAD14 million (loss of CAD10.6 million). In addition, headline loss per share was recorded at CAD19.81cps (loss of CAD8.68cps).
28-May-2015
(Official Notice)
20-Apr-2015
(Official Notice)
Rockwell announced its quarterly production and sales update for the three months ended February 28, 2015.



Salient features

* Volumes of gravel processed up 45% at Middle Orange River (?MOR?) operations from a year ago to 0.9 million m3; Saxendrift volumes up 95% as a result of a revised mining fleet, and although Niewejaarskraal volumes increased by 57% facilitated by modifications to the in-field screen it remained below plan.

* Carat production in MOR region up 13% due to better performance on volumes, but the grade was lower at 0.34 carats per 100m3.

* MOR diamond sales (excluding beneficiation) up 24% year-on- year to USD10.6 million underpinned by the sale of two +120 carat stones recovered from Saxendrift. Total sales (excluding beneficiation) up 8% to USD13.1 million including goods from royalty contractor miners.

* Average carat price up 24% from MOR properties, to USD2 461 per carat driven largely by the sale of the two +120 carat stones from Saxendrift.

* Inventory of 1 196 carats (including royalty contract miners? inventory of 693 carats) carried over into first quarter of fiscal 2016.
30-Mar-2015
(Official Notice)
09-Mar-2015
(Official Notice)
Rockwell announced an update on resources relating to its proposed acquisition of the Bondeo properties along with other developments relating to its Middle Orange River (?MOR?) strategy.



Highlights:

* 7.1 million m3 Inferred Mineral Resource estimated at Remhoogte at a grade of 0.9 cphm3 and average carat value of USD2 900 per carat;

* Ongoing consolidation of Middle Orange River expansion opportunities boosted by exploration agreement covering the Lanyonvale 376 (?Lanyonvale?) property;

* Continuing exploration in the region initiated for fiscal 2016 to fiscal 2017; and

* A high value 121-carat yellow octagonal diamond recovered at Saxendrift.

03-Mar-2015
(Official Notice)
05-Feb-2015
(Official Notice)
14-Jan-2015
(Official Notice)
14-Jan-2015
(C)
Loss before net finance costs jumped to CAD6 million (2013: loss of CAD164 000). Loss attributable to owners of the parent CAD4.8 million (2013: loss of CAD358 000), while headline loss per share was higher at CAD8.87cps (2013: loss of CAD0.72cps).
06-Jan-2015
(Official Notice)
19-Nov-2014
(Official Notice)
Rockwell Diamonds Inc. announces that it has completed an offering of two-year unsecured convertible debentures in a principal amount of USD4.1 million (all amounts CDN USD) with two insiders, namely Rockwell?s principal shareholder Daboll Consultants Ltd, an affiliate of Diacore, as to USD3.0 million and with Mark Bristow, Rockwell?s non-executive chairman as to USD1.1 million. The proceeds of the offering will be used to finance current and proposed work programs on the Company's diamond projects and for general working capital purposes.



The debentures bear interest at a rate of 5% p.a. and will become convertible, subject to the prior approval of the disinterested minority shareholders, into equity securities of the Company. Subject to such approval, the debenture holders may convert the principal and interest into the same securities issued as may be issued in any equity financings completed by the Company within the first 12 months after the debentures are issued, and if no equity financings are completed, then the debentures may be converted into common shares at the undiscounted five day volume weighted average price (VWAP) anytime in the second 12 months. If conversion occurs in connection with an equity financing, the debenture holders will receive a 10% discount to the equity financing price not to exceed a discount of more than 25% from the VWAP (where the Company?s shares trade at $0.50 or less and 20% discount from VWAP if above $0.50). If the equity financing is $10 million or more the debentures automatically convert into the same securities on those terms. In accordance with MI 61-101 the Company will seek disinterested minority shareholder approval at the earliest of the next shareholders meeting and in conjunction with the next round of equity financing and a valuation is expected to be provided in connection with seeking minority approval.
10-Oct-2014
(Official Notice)
10-Oct-2014
(C)
Revenue for the interim period August 2014 increased to CAD23.9 million (CAD16.4 million). Operating profit before amortisation and depreciation grew to CAD5.5 million (CAD3.6 million). Gross profit was recorded at CAD1.8 million (gross loss of CAD174 000). Loss attributable to owners narrowed to CAD986 000 (loss of CAD2.6 million). Furthermore, headline loss per share came in at CAD1.53cps (loss per share of CAD5.37cps).



22-Sep-2014
(Official Notice)
22-Aug-2014
(Official Notice)
Shareholders are advised that the annual financial statements of the Company for the year ended 28 February 2014 will be posted to shareholders on 22 August 2014 and contain no modifications to the audited results which were released on SENS on 22 May 2014.



Shareholders are further advised that a copy of the annual report will be available for downloading on the Company?s website, www.rockwelldiamonds.com and upon enquiry from the Company Secretary at Level 0, Wilds View, Isle of Houghton, Corner Carse O?Gowrie and Boundary Roads Houghton Estate, Johannesburg, 2198 from 22 August 2014. The annual financial statements were audited by KPMG Inc. Their unqualified report is available for inspection at the Company?s registered office.



The annual general meeting of the Company, the notice of which was included in the Management Information Circular mailed to shareholders on 20 June 2014 and the results of which were announced on 25 July 2014, was held on 25 July 2014 at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, at 10.00 a.m, Canadian time, 7p.m. SA time.
28-Jul-2014
(Official Notice)
July 25, 2014 Vancouver, BC Rockwell Diamonds Inc. ("Rockwell" or the "Company" (TSX: RDI; JSE: RDI) is pleased to announce that all the resolutions put forward in its management information circular were passed by the shareholders at the annual and special general meeting held in Vancouver today.



Annual General Meeting results:

The resolutions which were passed at the meeting were as follows:

*The number of directors was set at seven (7);

*Mark Bristow (Chairman), James Campbell (President and CEO), Stephen Dietrich, Willem Jacobs, Richard

*Linnell, Johan van ?t Hof and Rick Menell were re-elected as directors;

*KPMG Inc. Chartered Accountants were appointed as Auditors of the Company for 2015;

*A share bonus of a maximum of 960,000 Common Shares to certain senior officers and senior staff was approved; and

*Continuance of the share option plan.

11-Jul-2014
(Official Notice)
11-Jul-2014
(C)
Sale of diamonds for the quarterly 31 May 2014 was higher at CAD9.7 million (CAD7.8 million). Gross profit increased to CAD2.6 million (loss of CAD185 467). Total profit attributable to owners of the group came in at CAD140 748 (loss of CAD7 million), while headline earning per share was positive at CAD1.12 cps (headline loss per share of CAD2.51 cps).



Outlook

The current operational focus areas are as follows:

*At Saxendrift, the implementation of the EMV renewal plan is the top priority with completion scheduled by the end of calendar 2014. Subsequently, higher mining volumes should facilitate higher processing rates through the plant and lower maintenance costs, resulting in lower per mining cash cost/m(3).

*At SHC, the focus is on resuming normal mining volumes following the repair of the de-sanding screen which impacted its first quarter performance. Contiguous exploration work and trial mining is ongoing to increase this resource.

*Achieving steady state volumes is the priority at Niewejaarskraal while also evaluating a proposal to upgrade the monthly processing capacity to 100,000m(3) per month plant.

*Across the operations, Rockwell continues to focus on managing its operating costs and volumes processed as well as concluding the closing of the investment by its new black economic empowerment partner, Africa Renaissance Holdings (ARH) and receipt of the initial subscription deposit.



Rockwell carried over an inventory of 5,237 carats (including 2,271 contractor-owned carats) into the second quarter. This, together with a beneficiation pipeline comprising more than 6,300 carats, provides further potential for valued-added downstream revenues. With the MOR focus, the outlook for the beneficiation revenue trend is positive. Rockwell continues to beneficiate the vast majority of its diamonds in South Africa.
26-Jun-2014
(Official Notice)
20-Jun-2014
(Official Notice)
23-May-2014
(Official Notice)
23-May-2014
(C)
Sales of diamonds increased to CAD41.1 million (CAD27.1 million). Gross profit was recorded at CAD32 626 (loss of CAD6.1 million). The net attributable loss was smaller at CAD10.6 million (loss of CAD10.9 million). In addition, headline loss per share was lower at CAD8.68cps (loss of CAD14.40cps).



Outlook

The current focus areas for the business are as follows:

*Rockwell continues to focus on managing its operating costs.

*At Saxendrift, which plant is operating consistently, the Company?s focus is to complete the implementation of the earthmoving vehicle (?EMV?) fleet renewal exercise which will improve equipment availabilities to enable the mine to operate at nameplate capacity, while an option to increase the plant capacity is also being reviewed.

*At SHC, continuous exploration work and trial mining is ongoing to increase this resource. Although the Bulk X-ray recovery system continues to perform on plan, first quarter gravel throughput at the processing plant was impacted by mechanical failures associated with the front end of second hand equipment, which is being addressed as a high priority.

*At Niewejaarskraal the focus is on consolidating the operations now that the second phase of the 100,000m3 per month plant, has been completed.



Rockwell carried over an inventory of 2,752 carats (including 1,181 contractor owned carats) into the new fiscal year. This, together with a beneficiation pipeline comprising more than 6,000 carats, provides further potential for valued-added downstream revenues. Rockwell continues to beneficiate the vast majority of its diamonds in South Africa. The sale of a 109 polished vivid yellow polished diamond will be reflected in the first quarter beneficiation income and with the MOR focus, the outlook for the beneficiation revenue trend is positive.

03-Feb-2014
(Official Notice)
Rockwell announced that it had reached agreement with African Renaissance Holdings Ltd. ("ARH") as its new 1 black institutional investor who will acquire a 30% equity stake in the Company?s Middle Orange operations, as its black economic empowerment ("BEE") partner as required by South African Law.



Subsequent to the announcement during early December 2013, ARH has fulfilled most of the conditions precedent and has already supported the company in relevant matters.



ARH was established early in 1994 to champion active participation and ownership by black South Africans in strategic economic sectors. Following a restructuring of its shareholder constellation, ARH currently chaired by Bobby Makwetla, will pursue its successful investment track record in both listed and unlisted entities in sectors including telecommunications, mining, diamonds and related services.
10-Jan-2014
(C)
Loss before net finance costs for the quarter ended 30 November 2013 lowered to CAD163 000 (2012: loss of CAD2.8 million), while loss attributable to owners of the group narrowed to CAD358 000 (2012: loss of CAD3.7 million), and headline loss per share fell to CAD0.72cps (2012: loss of CAD7.5cps).



Outlook

In the fourth quarter, Rockwell is focused on managing its operating costs and settling down the new operations at Niewejaarskraal. At Saxendrift, which is operating consistently, the Company's focus in the fourth quarter will be on implementing the findings of a detailed earthmoving vehicle ("EMV") fleet optimisation exercise to improve equipment availabilities. A proposal to increase the plant capacity is also under consideration. At Niewejaarskraal the focus is on completing the second phase of the 100 000m3 per month plant, on track for completion by the end of February 2014. This comprises the installation of an in- field screen and Bulk X-ray system. Accordingly, total monthly processing capacity will increase to 340 000m3 comprising Saxendrift (160 000m3 per month), Saxendrift Hill Complex (80 000m3 per month) and Niewejaarskraal (100 000m3 per month), and a further 200 000 m3 per month indirectly through royalty contract mining production.
09-Dec-2013
(Official Notice)
03-Dec-2013
(Official Notice)
Shareholders of Rockwell are hereby advised that the company has appointed PSG Capital (Pty) Ltd. as its sponsor with effect from 1 January 2014.
03-Dec-2013
(Official Notice)
Shareholders are advised that, in terms of the annual sponsor renewal agreement between Sasfin Capital, a division of Sasfin Bank Ltd. ("Sasfin") and Rockwell, Sasfin's appointment as Sponsor of record to will cease with effect from 01 January 2014.
27-Nov-2013
(Official Notice)
Rockwell Diamonds Inc. ("Rockwell" or the "Company") announces the recovery of a 287-carat diamond from its operations in the Middle Orange River ("MOR") region which is of commercial colour (tinted white) and makeable in shape. As the fifth large stone from this resource in three months, this recovery further reinforces management?s decision to focus operations in Middle Orange region.



The diamond will be sold into the beneficiation joint venture with Steinmetz Diamonds at market value with Rockwell participating equally in the value uplift once it has been polished and sold.
11-Oct-2013
(Official Notice)
Rockwell (the "Company") announced results for the three months ended August 31, 2013.



Second quarter fiscal 2014 results

*Fifth consecutive quarter of USD denominated revenue growth.

*Strong year-on-year revenue growth of 33%: Total revenue of CAD9.9 million, comprising CAD8.6 million from diamond sales and beneficiation income of CAD1.3 million, up 24% and 185%, respectively.

*Overall volume of gravel processed and diamond production from Company-owned properties (including royalty mining contracts) up 26% and 46% year-on-year, respectively.

*Operating profit of CAD2.5 million: Improving economies of scale with 2% increase year-on-year in production costs (after inventory movements) supporting 33% revenue growth.

*Stable net cash holdings of CAD0.3 million: Positive cash flow from operations of CAD3.6 million offset impact of CAD3.4 million invested in new capacity.

*Inventory of 2 508 carats carried forward (includes 900 carats on royalty mining contracts): Positioned to benefit from peak Thanksgiving and Christmas trading seasons.

*Returns from Tirisano royalty mining contracts continue to grow and Zwemkuil contract commenced (June 2013): 3 497 carats produced and 2 967 carats sold at average price of USD638 per carat (Rockwell's royalty amounts to CAD236 600) with additional upside as fifth Tirisano contract started in third quarter.

*The 'beneficiation pipeline' of more than 6 272 carats provides continued value- added revenue potential.

*Net loss for the quarter narrowed to CAD1.4 million compared to a loss of CAD2.0 million in the prior year.
11-Oct-2013
(C)
Revenue for the interim period August 2013 increased to CAD16.4 million (CAD13 million). Operating profit before amortisation and depreciation grew to CAD3.6 million (CAD395 780). Gross profit was recorded at CAD1.1 million (gross loss of CAD3.4 million). Loss attributable to owners narrowed to CAD2.6 million (loss of CAD4.1 million). Furthermore, headline loss per share came in at CAD5.26cps (loss per share of CAD9.36cps).



Market Outlook

Although rough diamond prices were stable during the second quarter, the downstream diamond industry remains under pressure due to the high cost of rough diamond production and the devaluation of the Indian Rupee against the US dollar. In addition, the market in the second quarter was affected by the seasonal impact: sales are quieter during northern hemisphere summer months. However, activity levels are expected to recover ahead of the Hong Kong Jewellery and Gem Fair, setting the mood for the remainder of the year.



Rockwell has carried over an inventory of 2 508 carats into the third quarter of fiscal 2014 and is, therefore, well positioned to benefit from the peak Thanksgiving to Christmas retail trading season. This, together with a beneficiation pipeline comprising some 6 272 carats, provides further potential for valued-added downstream revenues. Rockwell continues to beneficiate the vast majority of its diamonds in South Africa. With a number of notable stones recovered during the second quarter, the beneficiation revenue trend is expected to continue in line with past results.
25-Sep-2013
(Official Notice)
The company reported a 26% increase in second quarter volumes of gravel processed to 934 975m3, of which 627 746m3 was mined from its own Middle Orange River ("MOR") operations and the balance from royalty mining contractors operating at Tirisano. Total carat production grew 46%, made up of 3 549 carats from own operations and 3 497 carats from contractors.



Total carat sales from company properties for the quarter increased 9% to 5 623 carats at an average price of USD1 512 per carat, translating into 25% growth in total revenue to USD8.5 million compared to the previous quarter (excluding beneficiation). At Rockwell's own operations, an 84% improvement in average carat value offset the impact of lower carat sales (down 47% to 2 656 carats largely due to the sale of Klipdam) and accordingly, the company reported steady diamond sales revenue from its own operations of USD6.6 million (excluding beneficiation). The value of sales from Tirisano mining contractors amounts to USD1.9 million, of which 12.5 % or USD236 600 accrues to the company.



Production at Saxendrift, comprising traditional Saxendrift and the recently acquired, higher grade Saxendrift Extension gravels, achieved a 41% grade improvement and consistent revenue from rough diamond sales. Sales from the new Saxendrift Hill Complex mine produced an average value of USD3 636 per carat resulting from the sale of several high valued diamonds. The results are a product of the company's strategy, of focussing on its MOR operations, which boast higher diamond values. The second quarter performance also demonstrates that the royalty mining contractor initiative, as an interim measure to deliver value whilst assessing the future options of some of our non-core assets, has been a good one.
17-Sep-2013
(Official Notice)
Rockwell announced that it has recovered four rough diamonds each exceeding 100 carats in weight, from its operations in the Middle Orange River ("MOR") region during the past three weeks. In addition, the Company has recovered a higher than average number of diamonds smaller than 100 carats. This reinforces management's decision to focus operations in this region and embrace new processing technology.



Two stones weighing 116 carats and 138 carats were recovered at the Saxendrift processing plant from gravels originating from the Saxendrift Extension pit. In addition, a 126-carat stone and a 169-carat stone were recovered from a mining area that has recently been opened up at the Saxendrift Hill Complex ("SHC"). The recently commissioned SHC plant utilizes Bourevestnik X-ray technology in both the concentration and recovery areas. All of these stones will be sold into the beneficiation joint venture with Steinmetz Diamonds at market value. Rockwell will also participate equally in the value uplift once these stones have been polished and sold.



The frequency of Rockwell's recoveries in the 20 to 100 carat category has improved with the commissioning of SHC and Niewejaarskraal as well as integrating the Saxendrift Extension into Saxendrift?s mine plan. Implementation of diamond value management principles and fit for purpose technologies also contributed to the improvement. Commenting on the recovery of these large, high valued stones.
30-Aug-2013
(Official Notice)
Shareholders are advised that the annual financial statements of the Company for the year ended 28 February 2013 will be posted to shareholders on 30 August 2013 and contain no modifications to the audited results which were released on SENS on 24 May 2013. Shareholders are further advised that a copy of the Annual Report will be available for downloading on the company's website, www.rockwelldiamonds.com and upon enquiry from the Company Secretary at Level 0, Wilds View, Isle of Houghton, Corner Carse O'Gowrie and Boundary Roads Houghton Estate, Johannesburg, 2198 from 30 August 2013.



Notice of the annual general meeting

The annual general meeting of the Company, the notice of which was included in the Management Information Circular mailed to shareholders on 28 June 2013 and the results of which were announced on 26 July 2013, was held on July 26, 2013, at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, at 10.00 a.m., Canadian time, 7p.m. SA time.
29-Aug-2013
(Official Notice)
29-Jul-2013
(Official Notice)
Rockwell announced that all the resolutions put forward in its management information circular were passed by the shareholders at the annual and special general meeting held in Vancouver on 29 July 2013.



Annual General Meeting results:

The resolutions which were passed at the meeting were as follows:

* The number of directors was set at seven (7);

* Mark Bristow (Chairman), James Campbell (President and CEO), Stephen Dietrich, Dr. Willem Jacobs, Richard Linnell, Johan van't Hof and Rick Menell were re-elected as directors;

* KPMG Inc. Chartered Accountants were appointed as Auditors of the Company for 2014;

* The Articles were altered to include advance notice provisions;

* A share bonus of a maximum of 1 000 000 Common Shares to certain senior officers and senior staff was approved;

* A right of conversion of an outstanding and overdue 2011 convertible loan ("Loan") into a maximum of 12 235 686 shares in connection with amendment of the loan that is owed to the company's principal shareholder, Daboll Consultants Ltd. was approved; and

* An ordinary resolution authorizing an issuance of 161 539 Common Shares to certain persons pursuant to the Company's obligations under a mandate agreement entered into with Allan Hochreiter (Pty) Ltd. was approved.
12-Jul-2013
(C)
The sale of diamonds brought in CAD7.8 million (CAD6.1 million). The gross loss narrowed to CAD0.2 million (loss of CAD1.7 million). The net attributable loss was also smaller at CAD1.2 million (loss of CAD2.1 million). In addition, the headline loss per share narrowed to CAD2.45cps (loss of CAD4.50cps).



Outlook

Rough diamond prices showed a few a percentage point decline at the end of May 2013, after having improved earlier in the calendar year. As a result of Northern hemisphere summer vacations and the limited availability of credit in the industry, expectations for rough diamond prices in the second quarter are muted. Overall polished prices are expected to remain stable, showing increases in certain sectors but declines in areas with lower demand.



Rockwell has carried over an inventory of 1,085 carats into the second quarter of fiscal 2014 which, together with a beneficiation pipeline comprising some 4 996 carats, provides further potential for valued-added downstream revenues. Rockwell continues to beneficiate the vast majority of its diamonds in South Africa and due to the recovery of prices for some special diamonds during the first quarter of fiscal 2014, the beneficiation revenue trend is expected to continue in line with past results.



Rockwell's priority for the second quarter of fiscal 2014 is to continue to manage operating costs. At Saxendrift, the second quarter mine plan comprises a combination of gravels from the traditional (Brakfontein) mining area as well as the Saxendrift Extension that will be processed at Saxendrift to optimize the life of the mine. Completing the ramp up at the Saxendrift Hill Complex and bringing Niewejaarskraal on stream are top priorities for the Company, with the overall monthly processing capacity at the three operational mines in the Middle Orange River region projected to be 360 000m3 by the end of the calendar year.
08-Jul-2013
(Official Notice)
Rockwell announced a 31% increase in revenue from diamond sales, excluding Contractors and before any sales from beneficiation, for the first quarter of fiscal 2014 compared to the same period last year. This increase over the same quarter last year occurs even though the company placed its Tirisano mine onto care and maintenance late in 2012 and sold its Klipdam mine early in the quarter.



As a result of sales of high quality diamonds, Rockwell's flagship Saxendrift mine achieved a 48% year-on-year increase in average price per carat received, with the value of sales up 56% year-on-year in the first quarter. In addition, the first diamond sales from the newly-commissioned Saxendrift Hill Complex were recorded, at an average price per carat of USD3 668 from the sale of 130 carats. Royalties in the first quarter to the Company totalled D134 749 on diamond sales by the three royalty mining contracts at Tirisano on revenue of USD1.1 million.



Total revenue of USD6.6 million was recorded for the company's own operations (excluding royalty mining contracts) from the sale of 3,257 carats at an average price of USD2 018 per carat compared to USD5.0 million at an average value of USD962 for the same period in fiscal 2013. Total carats sold from its own operations declined by 38% from 5 229 carats as the company transitioned its production focus exclusively to operations in the Middle Orange River region which typically yield gem-quality diamonds. The sale of several large, high-valued diamonds recovered in this region contributed to the 109% increase in average price per carat from a year ago.
04-Jul-2013
(Official Notice)
Rockwell presented a quarterly operational update in line with the group's strategy. On a consolidated basis, first quarter processed gravel volumes increased by 11% to 893 833m3 year-on-year while diamond production was 33% lower at 4 824 carats, both results inclusive of contractors. The reduction in carat production is mainly the result of the operations at Tirisano being placed on care and maintenance in December 2012 and the sale of Klipdam at the end of March 2013. The production and carat recovery of Saxendrift was consistent, including the recovery of nine stones exceeding 20 carats. The royalty mining contractors operating at the Tirisano property gained momentum with the production of 1 984 carats and the first diamonds were also recovered from the newly commissioned Saxendrift Hill Complex Mine during the quarter.
28-Jun-2013
(Official Notice)
26-Jun-2013
(Official Notice)
Rockwell (the "company") announced that it has executed an addendum with its principal shareholder, Daboll Consultants Ltd., which extends and amends the parties' June 2, 2011 USD2 million convertible loan agreement ("loan").



The loan repayment date was extended by two years to June 2, 2015 and the conversion right has been amended so that the loan is convertible at the prevailing market price of the company's shares over its 2 year remaining term with a floor price of CAD0.16 per share (maximum 12 235 686 shares) provided that the loan may be converted into no more than 10% of the company's share capital as of the date of conversion unless a larger number of shares has been authorized by a prior vote of disinterested Rockwell shareholders. Rockwell has agreed to solicit such disinterested shareholder approval at its July 26, 2013 annual and special shareholders meeting. The addendum also extends the current diamond marketing and beneficiation agreements with Daboll's affiliate Steinmetz Diamonds until 2018. This conversion option in the amending addendum is subject to the acceptance of the Toronto Stock Exchange and JSE Ltd. as of the date hereof.
19-Jun-2013
(Media Comment)
Business Day reported that Rockwell Diamonds is poised to be a different company in the next six months as a new mine comes into production and it shows profit for the first time at its Tirisano asset. The company should be involved in some sort of corporate action before the year is over as it hunts for further growth.
24-May-2013
(C)
Sales of diamonds increased to CAD27.1 million (CAD26.4 million). The gross loss widened dramatically to CAD6.1 million (loss of CAD701 902). The net attributable loss was smaller at CAD10.9 million (loss of CAD11.6 million). In addition, headline loss per share was lower at CAD14.27cps (loss of CAD15.34cps).



Outlook

The company is anticipating a recovery in rough diamond prices of between 5% and 10% for the 2013 calendar year for smaller diamonds. In the market for the larger diamonds that make up most of Rockwell's production profile, demand continues to outstrip supply. There has also been increasing attendance at Rockwell's monthly tenders, and this is interpreted as a positive indicator of rough diamond demand and price. Rockwell has carried over an inventory of 1 248 carats into the first quarter of fiscal 2014, which, together with the beneficiation pipeline that comprises some 4 000 carats, provides further potential for valued-added downstream revenues.



Rockwell's priority for fiscal 2014 is to manage operating costs, while increasing the production profile in the Middle Orange River region, where the company has the expertise and track record to profitably recover large, high-value diamonds. In the first quarter the focus includes completing the production ramp up at the Saxendrift Hill Complex and constructing the new internally-funded production facility at Niewejaarskraal. At Saxendrift, the first quarter mine plan comprises a combination of gravels from the traditional (Brakfontein) mining area as well as the Saxendrift Extension that will be processed at Saxendrift to optimize the life of the mine.
16-May-2013
(Official Notice)
Shareholders were referred to the announcement released on 15 May 2013 on SENS and are advised that the title of the announcement was incorrectly stated, and should have read: Rockwell announces positive Preliminary Economic Assessment Study for Wouterspan property. Further details in the announcement remain unchanged.
15-May-2013
(Official Notice)
Rockwell Diamonds Inc. ( announce that it has updated a Preliminary Economic Assessment(PEA)on its Wouterspan alluvial diamond property that is located on the opposite side of the Orange River from the Saxendrift diamond mine. The PEA was carried out by a team led by Dr Kurt Petersen, an expert diamond metallurgist and Walter Bold Pr. Eng. Rockwell?s Group Engineer. There was also significant input from Paradigm Project Management (PPM) a company with a strong track record in the innovative development of new diamond mines. All currency values are stated in Canadian dollars unless otherwise indicated.



The study indicated positive economics,sufficient to take the project to the detailed design stage. The economic model yielded an internal rate of return of between 45% and 70% for a range of scenarios based on the key inputs. The net present value (NPV) for the base case is $91.71 million at a 15% discount rate, yielding a project payback period of 2.3 years from the start of construction or approximately 1.3 years from commencement of production. The project is most sensitive to revenue with a 5% variance in the total revenue over the 10 year life of mine,impacting the NPV by 15%. The operation is expected to employ 300 people.
08-May-2013
(Official Notice)
06-May-2013
(Official Notice)
15-Apr-2013
(Official Notice)
20-Mar-2013
(Official Notice)
Rockwell (the "company") announced that it has, consequent upon the Old Order Mining Rights held by Jasper having been converted into New Order Mining Rights, completed its acquisition of the Jasper Mine by settling the purchase consideration through the issue of shares.



The agreement to acquire the Jasper Mine project, which is contiguous to Rockwell's Saxendrift Mine, formed part of the transaction to unwind the company's Black Economic Empowerment ("BEE") partnership with Africa Vanguard Resources ("AVR") (as announced on March 19, 2012):



*Jasper acquisition: Rockwell's application for the New Order Mining Right at Jasper has recently been approved, triggering the payment by the company of R2.0 million (CAD221 484) in Rockwell shares listed on the JSE Limited, to the Jasper shareholders. A total of 533 332 shares were issued at R3.75 (CAD0.41) per share, which represents the 5-day volume weighted moving average price at the time that the agreements were signed in March 2012. The Jasper shareholders have undertaken not to trade these shares for a period of one year.

*Unwinding of AVR BEE shareholding: A new black economic empowerment partner, which shares the company's vision and is committed to adding value to Rockwell has been identified. Good progress has been made in terms of securing external funding to cover purchase consideration by the new BEE shareholder in order to finalize the unbundling of the transaction with AVR.



The company has outlined the way forward for this newly acquired property. Geological studies to estimate the resources at the Jasper Mine are well advanced and the company is on track to release a NI 43-101 compliant technical statement before the end of May 2013. Initial assessments of the alluvial Jasper deposit suggest that its production profile may be similar to Saxendrift in terms of quality, size and value. Accordingly, by processing materials mined from Jasper at the company's Saxendrift Mine, there is the potential to extend the life of the Saxendrift operation with limited new investment. The company is also reviewing the possible construction of an in field screen at Jasper with projected efficiency benefits for the overall operating cost structure of the mine.
11-Jan-2013
(C)
02-Jan-2013
(Official Notice)
Rockwell announced a 23% improved revenue from diamond sales, before any sales from beneficiation, for the third quarter fiscal 2013 compared to the same period last year. Total proceeds of USD7.4 million were generated compared to USD6.0 million for the same period a year ago and USD6.8 million for the second quarter. A total of 4 043 carats were sold at average price of USD1 821 per carat; and although the number of carats sold was 25% lower, the sale of several high quality stones underpinned the 64% increase in the average price per carat over a year ago. Diamond sales and revenue for the company's operational mines for the quarter ended 30 November 2012 is as follows:



Salient features of the third quarter diamond sales

Carats sold from the Saxendrift Complex, comprising the Saxendrift Mine, the Saxendrift Extension and the Bulk X-ray plant increased by 10% to 1 931 carats at an average price of USD3 082 per carat. The average carat value of USD1 768 for Saxendrift was down 7% on the same period last year, largely, because of the third quarter product mix. This price drop compared well to the 15% decline in the global market price for rough diamond prices in the +2 carat category that comprises most of the mine's production.



Sales of diamonds recovered from the Bulk X-ray plant, also at Saxendrift, generated total proceeds of USD3.0 million from the sale of 284 carats, including a 145-carat rough diamond whose sale increased the average price per carat from the plant to USD10 704.



Diamond sales from Tirisano totalled 214 carats; mining operations of Tirisano were placed on care and maintenance in the first week of December 2012, due primarily to persistent industrial relations issues.



Carats sold from Klipdam declined 25% for the quarter to 1 490 carats while the average value declined only marginally to USD660 per carat. In line with expectations, the grade was down 25% quarter on quarter as mining migrated out of the high-grade portion of the channel.
18-Dec-2012
(Official Notice)
Rockwell (the "Company") as part of its operational update, announced that the Group increased the volume of gravel processed by 6% to 747 404m3 and diamonds produced increased by 12% to 5 950 carats, despite having to deal with operational challenges and on-going industrial action at Tirisano. The Saxendrift Complex delivered solid results and Klipdam made progress in addressing efficiency improvements, whilst Tirisano was placed on care and maintenance to preserve cash resources and allow the management to focus on projects more in line with Rockwell's diamond value management strategy.
12-Dec-2012
(Official Notice)
Rockwell announced its decision to place its operations at the Tirisano Mine on care and maintenance following persistent industrial relations issues and ongoing losses incurred by the mine. The term "care and maintenance" is used when a mine has stopped production and is temporarily closed for technical, environmental, financial or labour relations reasons (Minerals Act, 1991).



The Tirisano Mine, last week, was impacted by a second unprotected (illegal) strike within a period of four months. It has also been subjected to persistent industrial relations issues relating to pay increases despite the fact that the mine has continued to operate at a loss and these issues being dealt with in full compliance to the Labour Relations Act ("LRA") of South Africa.



The mine's challenges have been exacerbated by operational complexities as well as a slower than anticipated recovery in the price of smaller diamonds that make up much of Tirisano's production profile, that led to the persistent poor financial performance. The burden of these losses has been carried entirely by Rockwell whose black economic empowerment ("BEE") partner at the mine, Mogopa Minerals, has been unable to contribute any funding since the mine's inception.



Accordingly, the board of directors has approved a decision to place the mine on care and maintenance in order to preserve the cash resources of the Company. Rockwell remains confident in the resources of the property and, as such, a detailed metallurgical study is planned at Tirisano while the mine is on care and maintenance to design a fit for purpose plant that is specific to local conditions. Royalty mining revenues will be used to offset the care and maintenance costs. With the addition of further royalty mining contracts, Rockwell anticipates a cash neutral position with regard to these costs.
03-Dec-2012
(Official Notice)
Rockwell (the "company") updated the market on its pilot Bulk X-Ray project at the Saxendrift Mine. Despite this project being a pilot study it has already repaid the cost of setting it up from processing the old recovery tailings.



The Bulk X-Ray project was initiated in November 2011 and commissioned ahead of schedule, five months later with a capital outlay some 7% lower than the initial budget of CAD1.5 million. During the six month period to date, a total of 1 596 carats have been recovered from reprocessing 27 609 m3 of old recovery tailings that had previously been processed by another operator using older technologies. These included three particularly large stones weighing 52, 72 and 145 carats respectively. In addition to a capital investment of CAD1.4 million, operating costs of CAD0.39 million were incurred, with revenue from sales of the diamonds recovered totalling USD4.2 million over the period to October 31, 2012.



The recovery tailings achieved a grade of 2.97 carats/100 m3. The recovery of diamonds from these tailings suggests that the deployment of this technology in run-of-mine applications across Rockwell's Middle Orange River projects should yield additional recoveries beyond the stated grades and diamond values which have been identified using historical technology. There is the added benefit that the new high throughput technology can also lead to a meaningful reduction in operating costs.
31-Oct-2012
(Official Notice)
12-Oct-2012
(C)
Revenue for the interim period tumbled to CAD14.5 million (CAD17.7 million) whilst gross loss was CAD3.4 million (gross profit of CAD3.2 million). Loss attributable to equity holders was CAD4.1 million (profit of CAD0.3 million). Furthermore, headline loss per share were CAD0.09cps (headline earnings of CAD0.01cps).



Outlook

The longer-term supply and demand fundamentals for gem quality investment stones, comprising the majority of Rockwell's production, remains positive. Although the market has experienced price declines for smaller diamonds, the +2 carat segment of the market that represents some 80% of Rockwell's production, is expected to be price stable for the remainder of the year. The joint venture with Steinmetz Diamond group provides Rockwell with the ongoing opportunity to participate in pricing movements in both rough and polished diamonds, especially for its larger, gem quality diamonds that are becoming rarer and are in high demand for investment purposes.



Diamond value management priorities for the third quarter are as follows:

*Saxendrift Complex: Continued focus on meeting production targets and extending the life of mine through further bulk sampling at the Saxendrift Extension Project and commissioning the new Saxendrift Hill mine.

*Tirisano: Completing the ramp up of right sized operation and mining an area of the property that is better understood.

*Klipdam: Focus on meeting production targets and optimizing earthmoving availabilities.



Management remains confident that, with ongoing operational improvements and strategic projects to enhance the recovery of diamonds, reductions in unit costs as production increases, and the long-term positive fundamentals for diamond prices and demand, the company's financial performance should start to show sustainable improvements. Decisive action was taken to right size the mining operations at the Tirisano Mine in order to halt the cash losses there in light of the current weakening in the smaller diamond segments. Thus the mine's drain on the company's resources was reduced and a platform for possible positive returns was provided.
17-Sep-2012
(Official Notice)
12-Sep-2012
(Official Notice)
31-Aug-2012
(Official Notice)
Rockwell (the ''company'') announced that all the resolutions put forward in its management information circular were passed by the shareholders at the annual general meeting held in Vancouver on 30 August 2012. The company also announces two changes to its board of directors.



Annual general meeting results

The resolutions which were passed at the meeting were as follows:

*Mark Bristow (Chairman), James Campbell (President and CEO), Dr. Willem Jacobs, Richard Linnell, Johan van 't Hof and Stephen Dietrich were re-elected as directors; and

*KPMG Inc. Chartered Accountants were appointed as Auditors of the company for 2013.



Changes to the board of directors

The board thanked David Copeland and Sandile Zungu, who did not seek re-election to the board, for their contribution to the strategic direction of the company during their tenure.



The Nominating and Governance Committee of the board is in the process of overseeing the appointment of two additional directors. The objective is to appoint a representative of the new Black Economic Empowerment (''BEE'') partner, once this transaction has been finalized, as well as an independent director with a strong industry background to contribute to the strategic direction of the company. Further announcements in this regard will be made in due course.
03-Aug-2012
(Official Notice)
The annual general meeting (the ''meeting'') of shareholders of Rockwell (the ''company'') will be held at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, on August 30, 2012, at 10.00 a.m., local time or 7p.m. SA time for the following purposes:

1. To receive and consider the financial statements of the company for its fiscal year ended February 29, 2012, together with the auditor's report thereon.

2. To fix the number of directors at eight (8).

3. To elect directors of the company for the ensuing year.

4. To appoint an auditor of the company for the ensuing year.



An information circular accompanying this notice which was posted to shareholders on 3 August 2012. The information circular contains details of matters to be considered at the meeting. The meeting will also consider any permitted amendment to, or variation of, any matter identified in this notice and transact such other business as may properly come before the meeting or any adjournment thereof.



Registered shareholders who are unable to attend the meeting in person and who wish to ensure that their shares will be voted at the meeting are requested to complete, date and sign the enclosed form of proxy or complete another suitable form of proxy and deliver it in accordance with the instructions set out in the form of proxy and in the information circular.



Canadian register

Unregistered (beneficial) shareholders who plan to attend the meeting must follow the instructions set out in the voting instruction form and in the information circular to ensure that their shares will be voted at the meeting. If you hold your shares in a brokerage account you are not a registered shareholder.



South African register

If you have dematerialised shares with a Central Securities Depository Participant (''CSDP'') or broker and have not selected ''own-name'' registration, you must arrange with your CSDP or broker to provide you with the necessary letter of representation to attend the annual general meeting of shareholders or you must instruct them as to how you wish to vote in this regard. This must be done in terms of the agreement entered into between you and the CSDP or broker.



*Record date to receive the notice -- 18 July 2012

*Last date to trade to be eligible to vote -- 17 August 2012

*Record date to be eligible to vote -- 24 August 2012
13-Jul-2012
(C)
27-Jun-2012
(Official Notice)
25-Jun-2012
(Official Notice)
25-May-2012
(C)
21-May-2012
(Official Notice)
02-May-2012
(Official Notice)
Rockwell announced the results of its diamonds sales for the fourth quarter of fiscal 2012. Total proceeds of USD6.0 million were generated from the sale of 5 795 carats.



The salient features of the fourth quarter diamond sales are as follows:

*The decision to concentrate on mining Rooikoppie unit instead of the paleo-channel resources led to the 26% increase in carats produced from Klipdam. The lower revenue per carat reflects the general smaller stone sizes which characterize the Rooikoppie unit where the cost of mining is also significantly lower.

*The combined impact of a 32% increase in carats sold from Saxendrift stones to 1 847 carats as well a 7% improvement in the average price per carat, underpinned by an increase in recovery of yellow diamonds, enabled the mine to produce revenue growth of 42% in the fourth quarter.

*Tirisano, which is currently ramping up its production, sold 975 carats at an average price per carat of USD607. This is consistent with the values projected in the 2011 NI 43-101 report for Tirisano.



Notable stones

The company continued to produce large stones at all its operations during the fourth quarter with the recovery of 41 stones exceeding 10 carats:

*Klipdam produced 17 stones exceeding 10 carats, including seven stones exceeding 20 carats;

*Saxendrift produced 22 stones that were larger than 10 carats, of which half weighed more than 20 carats; and

*Tirisano produced two plus 10-caratstones.

These stones were channelled into the company's beneficiation joint venture with Steinmetz Diamond Group, which delivers value added revenues for Rockwell's stones that are larger than 2.8 carats.
17-Apr-2012
(Official Notice)
30-Mar-2012
(Official Notice)
Rockwell announced its intention to file a Form 15F with the United States Securities and Exchange Commission (the "SEC"), and thereby voluntarily terminate the registration of its common shares under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act"). The company expects that termination of the registration of its common shares will become effective 90 days after the date of filing of the Form 15F with the SEC. However, as a result of the filing of the Form 15F, the company's obligation to file certain reports with the SEC will be immediately suspended. Rockwell will maintain its primary listing on the Toronto Stock Exchange (TSX: RDI) and its secondary inward listing on the JSE Ltd. (JSE:RDI).
19-Mar-2012
(Official Notice)
05-Dec-2011
(Official Notice)
Rockwell Diamonds Inc. announce the sale of a unique investment diamond recovered from its Saxendrift mine, which formed one of a pair of matching D-color, flawless clarity, diamonds with excellent cut, polish and symmetry weighing approximately 35 carats each. The diamonds were sold on auction by Christies in Hong Kong on November 27, 2012 fetching a price of USD232,000 per carat including the buyer's premium.



The 105.53 carat rough diamond was recovered from Saxendrift in October 2009 and sold into the company's beneficiation joint venture with Steinmetz Diamond Group. Rockwell's share in the profit from the sale of the 35.77 carat polished diamond added a further USD1.9 million to its rough sale price. In addition, two emerald cut DIF diamonds weighing 3.07 carats and 2.03 carats respectively, were produced from this rough diamond.
15-Nov-2011
(Official Notice)
Rockwell announced that it has reached an agreement with the National Union of Mineworkers ("NUM") to implement contops and has concluded a two year wage settlement at its Northern Cape Operations. The company reported that an agreement has been signed with the NUM to convert its Northern Cape operations which currently comprise the Saxendrift and Klipdam mines, to contops. The application to the Department of Mineral Resources ("DMR") for this conversion has been submitted. It is supported by the NUM, a crucial criterion in obtaining the approval of the DMR. Once implemented, the mines will be operated on four shifts, seven days a week, up from the current three shifts per day and five day working week.



In addition, the company has agreed on a two year wage settlement with the unit representative of the NUM for the Northern Cape. Accordingly, annual wage increases of 8% will be granted for the next two years until 2013. The agreement allows for an adjustment should the consumer price index (CPI) exceed the agreed rate. At Tirisano which falls under a different bargaining unit, the company has an existing wage settlement agreement which will come up for renewal in June 2012.
11-Nov-2011
(Media Comment)
The appointment of an ex-De Beers executive, James Campbell, as the new CEO of Rockwell in July 2011 could spell a turnaround of the company. Mr Campbell has showed that he can deliver in the past as managing director of African Diamonds, which developed the AK6 mine in Botswana and was taken over by Lucara Diamonds in 2010. Since his appointment as Rockwell's CEO, Campbell has made a lot of changes to the company's management and taken a conservative approach to its production strategy and outlook. According to Finweek, this means that Campbell is underpromising and that if he overdelivers, the turnaround might finally take place.
27-Oct-2011
(Official Notice)
19-Oct-2011
(Official Notice)
Rockwell announced that it has completed its previously announced non-brokered private placement raising CAD7.8 million. The company issued a total of 10 341 969 shares with total gross proceeds to the company of CAD7 584 012 and R1 207 250.



The funds were raised primarily from a number of institutional investors from North America, Europe and South Africa. In addition, Rockwell's strategic diamond beneficiation and marketing partner Daboll Consultants Ltd, an affiliate of the Steinmetz Diamond Group, subscribed for CAD5 million. The placement received shareholders' approval on 12 September 2011.



The company intends to use the net proceeds of this private placement to finance the implementation of bulk x-ray plant at Saxendrift as well as the final commissioning of the plant at Tirisano which is set to go into production by the end of October 2011. The remaining funds will be used to settle the Tirisano creditors and exploration and project development work.
14-Oct-2011
(C)
Revenue declined to CAD17.7 million (CAD19.8 million). The operating loss narrowed to CAD1.1 million (CAD1.7 million). A net attributable profit of CAD0.3 million (loss of CAD2.8 million) was made. In addition, headline earnings per share grew to CAD0.01c (loss of CAD0.08cps).



Outlook

Reflecting the turmoil which has affected global financial markets since the end of the second quarter, diamond prices softened slightly and given the economic outlook, a quick recovery is unlikely. However, the long term supply and demand fundamentals, driven by substantial uptake of diamonds from China and India and a gradual reduction in supply, should continue to support prices.



The recent volatility of the Rand against the US$ could also affect pricing, although this is not currently viewed as a significant risk. However, it does have an impact on input costs including fuel, though this is less significant than the additional revenue from diamond sales which are denominated in USD.



From a production perspective, the operations are focused on meeting their production targets in the third quarter of fiscal 2012, especially with the imminent rainy season. Saxendrift has started benefiting from initiatives to improve the quality of its plant processes, although the new front-end screen which will be completed at the end of October 2011, will only contribute to production in the last few weeks of the third quarter. The focus of the management team has now turned to Klipdam in order to unlock similar improvements there. Commercial production will start at Tirisano during October 2011.



The company is at an advanced stage of discussions with the relevant unions in relation to the 2011/2012 wage negotiations as well as the proposed introduction of continuous operations and is optimistic that a mutually beneficial solution will be reached in this regard.
12-Oct-2011
(Media Comment)
Business Day indicated that Rockwell Diamonds is targeting the middle of next month for full production at the Tirisano alluvial mine, near Ventersdorp, which it has just bought for R33.5 million from Canada's Etruscan Resources in a cash and equity deal. CEO James Campbell said Rockwell were delighted that this transaction was now complete as Tirisano is of strategic importance to Rockwell's long-term growth objectives.
11-Oct-2011
(Official Notice)
03-Oct-2011
(Official Notice)
Rockwell announced that it has strengthened its board of directors with the appointment of a new non-executive director as well as a new chairman.

*David Copeland has stepped down as chairman, but will remain on the board as a non-executive director.

*Dr Mark Bristow has been appointed as non-executive chairman with effect from 9 September 2011.

*Johan van'T Hof has joined the board of Rockwell as an independent non-executive director and will be appointed to the audit committee.
26-Sep-2011
(Official Notice)
Rockwell announced the results of second quarter sales of its diamond production from South African operations. Total proceeds of USD7.0 million were generated from the sale of 3 223 carats. The average price per carat for the quarter was USD2 187, demonstrating the high quality of stones sold.



Recovery and beneficiation of notable stones:

Production across the company's operations, which was disappointing in June and July 2011, recovered strongly in August 2011. In particular, 373 carats were recovered at Rockwell's Saxendrift mine on August 2, 2011 which was a daily record at the mine. Large stones produced by each of the operations during the second quarter are as follows:

*Klipdam produced 14 stones exceeding 10 carats; and

*Saxendrift produced 32 stones weighing more than 10 carats, of which 11 stones exceeded 20 carats



These stones have been passed into the company's beneficiation joint venture with the Steinmetz Diamond Group which delivers value added revenues for Rockwell's stones that exceed 2.8 carats. Further details pertaining to the beneficiation revenues will be disclosed with the second quarter earnings announcement which will be made on or about 17 October 2011.



Rough diamond market

Although prices remain strong overall, the diamond market has been impacted by uncertainty in the financial markets in the second quarter of fiscal 2012. During June and July 2011, prices for both rough and polished diamonds increased, as higher pricing in the downstream industry was led by speculative activity. Producers followed suite, with rough prices achieving all time record levels at the end of July 2011, leading into the summer vacation period. Polished prices continued to rise, but the pace remains slower than for rough diamonds, resulting in the continued disconnect between the cost of rough diamonds and polished prices.



As global financial markets corrected in August 2011, diamond traders were left holding expensive inventory in uncertain markets. By the end of August, prices had corrected but are expected to stabilize following the Hong Kong diamond show and the next De Beers sight later this month.
12-Sep-2011
(Official Notice)
06-Sep-2011
(Official Notice)
Rockwell announced that its board of directors has approved the capital investment to install high throughput (or bulk) x-ray technology at Saxendrift. This represents another positive step in implementing and entrenching its diamond value management programmes which are focused on sustainably enhancing diamond recoveries. High throughput x-ray plants are the next significant advancement in diamond processing technology. These plants effectively concentrate and recover diamonds in one single, efficient, cost effective and secure step. This technology can also identify rare Type_ II diamonds, which are known to be present in Rockwell's Middle Orange River properties. Diamonds of this type are, generally, not recognized by the standard x-ray technology currently used at Saxendrift.



The project will include the procurement and installation of one high throughput Bourevestnik (BV) sorter and one BV single particle sorter for the concentration and final sorting of diamond bearing ore at Saxendrift. The capital cost of some USD1.5 million will be funded from the proceeds of the recent asset sales. This cost includes the installation of these units into an additional 400tph plant at Saxendrift. The order has been placed for the equipment however the order backlog is currently at about six months as a result of many other diamond mining companies seeing the same benefits as Rockwell. Commissioning is expected to be completed within three weeks of delivery.



Evaluation of the new technology for Saxendrift suggests that the new installation is likely to achieve a positive payback after the retreatment of old recovery plant tailings. Subsequently, the new plant will be used to process the run of mine ore and is expected to result in a significant improvement in diamond recoveries.
31-Aug-2011
(Official Notice)
Shareholders were advised that the annual financial statements of the company for the year ended 28 February 2011 was posted to shareholders, on 31 August 2011 and contain no modifications to the audited results which were released on SENS on 30 May 2011. KPMG audited the results and their report is available for inspection at the company's registered office.



Notice of AGM

As per the notice of annual general meeting mailed to shareholders on 10 August 2011, shareholders were reminded that the annual general meeting of Rockwell shareholders will be held at Suite 1500, 1055 West Georgia Street, Vancouver, British Columbia, Canada on Friday, 9 September 2011 at 14h00 (Canadian time) and 23h00 (South African time) to transact the business as stated in the notice of annual general meeting.
12-Aug-2011
(C)
Revenue rose to CAD8.5 million (CAD8.46 million). The net attributable loss widened by more than 25% to CAD0.92 million (loss of CAD0.73 million). In addition, the headline loss per share remained stable at CAD0.03c. (Please note that the HEPS figure reflects the 1:15 consolidation that the company undertook - the company's published results do not reflect this.)



Dividend

Although carat production in June and July 2011 was disappointing, the strong production of diamonds in the last two weeks should enable the company's performance for the second quarter to at least match the results for the same period in fiscal 2011.



In particular a number of exceptionally large, high quality stones including three diamonds weighing 180, 128 and 94 carats as well as several stones of between 20 and 50 carats have recently been recovered at Saxendrift. This should enable the mine to deliver on its budget for the quarter. At Klipdam, a process to optimize volume throughputs to the plant has begun and there are early indications that it will lead to improved diamond recovery. Inflationary pressure on mining expenses, particularly in relation to fuel, power and labor, is an area which Rockwell is monitoring closely in addition to its overhead expenses in order to achieve further cost reductions. The efficiency initiatives encompassing the diamond value management approach are being aggressively implemented at the operations and are expected to start paying off in the third quarter of fiscal 2012.



Another critical aspect of the company's turnaround at Saxendrift and Klipdam is the proposed introduction of continuous operations at these mines and management continues to negotiate with the DMR and relevant unions in this regard.



The fundamentals for the diamond market remain strong, underpinned by growing demand from China and India. While prices increased by some 50% in the calendar year to date, the company anticipates that the market could see more normalized increases as it enters a short period of consolidation. Nevertheless, with the recovery of several exception diamonds in the second quarter, the company anticipates strong revenues from its beneficiation joint venture arrangement.
08-Aug-2011
(Official Notice)
On Tuesday, 2 August 2011 373 carats were recovered at Rockwell's Saxendrift mine representing approximately half of the mine's budgeted monthly production in a single day. This is not only a record at the mine, but the highest daily production ever achieved within Rockwell's five year operating history. Among the stones recovered were four large stones weighing 180, 94, 43 and 34 carats.



Finalisation of section 11 documentation at Tirisano

Rockwell announced that the last outstanding conditions for the completion of the Tirisano acquisition have been fulfilled. The senior debt which was provided by the Industrial Development Corporation was restructured in July 2011 and the Section 11 cession approval from the DMR was received on Friday August 5, 2011. Rockwell can now take ownership of the mining rights at Tirisano and bring the first two streams (production lines) of the newly built processing plant into commercial production which is planned for the end of the third quarter.
02-Aug-2011
(Official Notice)
26-Jul-2011
(Official Notice)
Rockwell announced further progress in its turnaround strategy, with the sale of three non core assets which generated total proceeds of CAD6.5 million. The assets which have been disposed of are as follows:

* The sale of Makoenskloof property, located in the Northern Cape, was concluded in mid July 2011 for CAD0.9 million, which will be settled by the end of August 2011. The decision to sell this property was taken after the exploration and evaluation results showed that it did not fit Rockwell's investment criteria and that it might prove attractive to a third party with a different set of skills.

* The PC3000 excavator located at the Wouterspan mine which is on care and maintenance has been sold. The sale was completed in the third week of July 2011 and the full sale consideration of CAD3.0 million has been received.

* A sale agreement for the Holpan DMS plant has been concluded for a total consideration of CAD2.6 million which is payable in two equal tranches. The first payment of CAD1.3 million has been received with the balance payable within 30 days. The mine was put on care and maintenance in May 2011 and is adjacent to Klipdam, which has a plant with the capacity to process any gravels extracted from Holpan in the future.
21-Jul-2011
(Official Notice)
Rockwell announced the results of an independent valuation of the company and the support of a key strategic shareholder in the current private placement. The valuation, dated February 28, 2011, was conducted by Jennifer Lucas, MBA, CBV, ASA, of Evans - Evans Inc. following an in depth review of the company's publicly available information and filings in addition to interviews with management from which it gained an understanding of the history, background and future growth plans.



Rockwell was valued on a going concern basis using a weighted average of three valuation techniques at February 28, 2011 ("valuation date"):

* A trading price method utilizing the average trading price of Rockwell for the 10 and 90 days preceding the valuation date;

* A guideline public company method comparing Rockwell's average dollar value per enterprise value of reserves and resources to a peer group of eight listed diamond mining companies; and

* An adjusted book value method using discounted cash flow of the underlying operations.



Update on private placement:

Rockwell's strategic partnership with Daboll Consultants Ltd, an affiliate of the Steinmetz Diamond Group continues to strengthen. Steinmetz has recognized the inherent value in Rockwell with a subscription amounting to USD5 million in the current private placement at a price of USD0.75 per share (or 5 cents per share prior to the 15:1 consolidation). Subscriptions for the private placement are expected to close by July 22, 2011 with a special shareholders' meeting to approve the transaction scheduled for August 25, 2011. Further announcements will made in due course.
11-Jul-2011
(Permanent)
Rockwell Diamonds Inc. undertook a 1:15 share consolidation on 11 July 2011. Historical figures have been adjusted.
04-Jul-2011
(Official Notice)
01-Jul-2011
(Official Notice)
Rockwell shareholders were advised that the board of directors of Rockwell have resolved, to consolidate the authorised and issued ordinary share capital of Rockwell on the basis of 1 share for every 15 shares held (" the consolidation"). The consolidation is aimed at reducing the large number of issued and unissued shares in Rockwell and increasing the price per share at which ordinary shares in Rockwell are traded on the Canadian Stock Exchange ("the TSX") and the JSE Ltd ("the JSE"). The following dates and actions are applicable to the South African

register:

*Last day to trade shares under the pre-consolidated share capital in order to be recorded as a shareholder by the record date on Friday, 8 July 2011

*Trading in shares under the new consolidated share capital with new ISIN CA77434W2022 commences on Monday, 11 July 2011

*Existing share certificates must be received by the company's transfer secretaries by 12h00 mid-day on Friday, 15 July 2011

*Record date for determining those shareholders whose shares will be subject to the consolidation on Friday, 15 July 2011

*Dematerialised shareholders will have their accounts at their Central Securities Depository Participant or broker updated on Monday, 18 July 2011

*Date of issue of new share certificates to certificated shareholders if the old share certificates have been surrendered by 12:00 on record date, on or about Monday 18 July 2011
17-Jun-2011
(Official Notice)
Rockwell regrets to report that a fatal accident occurred at its Tirisano mine project on the morning of June 17, 2011 when an employee suffered fatal injuries at a conveyor belt installation on the mine. Rockwell is committed to the highest safety standards at each of its operations and regrets that these efforts did not prevent this incident. All operations at Tirisano were immediately halted, the Mine, Health and Safety inspectorate of the Department of Mineral Resources was notified and has been on site. A full investigation will be conducted into the accident.
10-Jun-2011
(Official Notice)
31-May-2011
(Official Notice)
Rockwell announced the release of updated mineral resource estimates for its alluvial diamond deposits on its properties in South Africa. At the time that Rockwell was founded in 2006, the company started developing a proprietary resource management system which is directly applicable to the specifics of alluvial diamond deposits. It is based on the National Instrument 43-101 regulations for the statement of mineral resources and reserves but refined to be specific to alluvial deposits. The company's system is a conservative and consistent method of declaring its mineral resources and mineral reserves. The grades and diamond values, which have been calculated using this methodology during the last four years, have been shown to accurately reflect the output of the mines. The results of these studies are summarized in the tables attached to this release and further details are provided in the company's Annual Information Form and technical reports that have been filed today. The company, which currently produces some 2 500 carats of large gem quality diamonds per month has set itself the objective of growing its production to 10,000 carats per month within five years. It has the capacity to deliver this growth through organic means, based on its significant resource base and is currently reviewing various options to fund these capital investments. Rockwell owns 14 prospecting rights comprising some 30,000 hectares of alluvial diamond potential in South Africa. Holpan and Klipdam, which are currently being consolidated into a single operation, are located in the Northern Cape. Saxendrift is located in the Middle Orange River in the Northern Cape Province. In addition, the company is in the final stages of acquiring and redeveloping the Tirisano mine, located in Ventersdorp in the North West Province. The mine will come on stream in the second half of fiscal 2012. Other significant deposits include Wouterspan and Niewejaarskraal, which the Company plans to re- commission within the next two years.
31-May-2011
(C)
Revenue increased to CAD42.5 million (CAD29.8 million). The net attributable loss for the year narrowed to CAD5.1million (loss of CAD7 million). Additionally, the basic and diluted loss per common share was lower at CAD1cps (loss of CAD3cps).



Outlook

The fundamentals for the diamond market are strong, with robust demand and pricing. Rockwell is positioned to benefit from these positive fundamentals with inventories of 1 057 carats. Production at all operations in the first quarter of fiscal 2012 was impacted by factors including abnormally high precipitation levels during the 2010/2011 rainy season in the Northern Cape Province. The impact was the most severe at Holpan.



Decisive action is being taken to enhance plant efficiency and to maximize recovery rates at all mines. This includes engaging the services of a world-renowned diamond metallurgist to technically and economically assess plant processes at all the mines, including Tirisano. The analysis and subsequent optimization measures are expected to start yielding benefits in the second half of fiscal 2012.



With ongoing operational improvements to enhance the recovery of diamonds, reductions in operating costs, and the increasing prices and demand for diamonds, the positive trend of the company's financial performance over the last four quarters should be sustainable in fiscal 2012.
11-May-2011
(Official Notice)
Rockwell Diamonds Inc. announce the appointment of Mr. James Campbell as President and Chief Executive Officer of the company with effect from 1 June 2011.
28-Jan-2011
(Official Notice)
Rockwell provided an operational update following heavy rainfall and subsequent flooding in the Northern Cape and North West provinces in South Africa. The company announced that the alluvial mining operations in the Northern Cape Province have been affected by the recent heavy rainfall and subsequent flooding. The rainfall at the Holpan and Klipdam operations, which are situated north of Kimberly at Barkley West, have experienced 342mm or 75% of the average annual rainfall of 450mm for the region in the past six days. In particular, precipitation during the night of Sunday January 23, 2011 exceeded 100mm. The impact has been as follows:

* Flooding in the area resulted in minor infrastructure damage at the mines and mining roadway infrastructure remains intact;

* The most significant impact of the heavy rains has been on mining activities with the loss of five days' production;

* Repairs and recovery operations were initiated immediately and mining operations resumed on Wednesday January 25, 2011;

* Damp gravels will affect production at the mines for several more days until they dry out fully; and

* Damage to the municipal infrastructure, including roads and railways, has not affected operations.



The company also assisted local communities in the Holpan area to divert floodwater away from flooded residential areas which assisted in avoiding any injuries during the flood. In addition, no environmental impacts have occurred. The Saxendrift operation, located on the Middle Orange River region, experienced sporadic rainfall measuring 189mm; this represents more than half of the average rainfall for this area during the two week period to Sunday January 23, 2011. While no flooding or damage occurred, the heavy rainfall has negatively affected production volumes with the loss of three mining days. Saxendrift is now once again operating at full production. At the Tirisano Mine north of Ventersdorp in the North West Province, construction has been slightly delayed due to the heavy rainfall. Sufficient drainage systems were planned and commissioned into the initial layouts to prevent flooding. Construction continues and the completion date of March 2011 remains intact.
21 Jan 2011 10:24:19
(Official Notice)
The original interim financial statements filed on SEDAR on January 14, 2011 has been amended to eliminate contract mining fees of CAD5 313 105 previously included in both the revenue and the cost of sales for the three and nine months ended November 30, 2010. All other information contained in the originally filed interim financials statements remain unchanged.
18 Jan 2011 17:19:42
(Official Notice)
18 Jan 2011 17:07:07
(Official Notice)
Rockwell announced that it will file amended unaudited quarterly financial statements and management discussion and analysis for the three and nine months ending November 30 2010. The reason for the amendment is to eliminate contract mining fees of USD5.3 million previously included in both the company's revenue and cost of sales. Rockwell's revenue for the three-month period is approximately USD11.1 million and cost of sales is approximately USD5.9 million; for the nine-month period its revenue is approximately USD31 million and cost of sales is approximately USD17.7 million. Since both revenue and cost of sales have been reversed, there has been no change in company's bottom line loss reported for either period.
18 Jan 2011 08:43:45
(Media Comment)
Rockwell will inform investors early in 2012 how much money it needs to raise to fund two projects, with a preliminary figure of more than R135 million put forward by management. The capital raising for the Wouterspan and Tirisano projects may be through a private placement according to chairman David Copeland. Management is looking to double the size of the mining fleet at Tirisano at a cost of an extra R30 million, but this figure is not included in the early estimated capital raising upwards of R135 million because the fleet may be funded from operations, or the alluvial diamond mine will utilise contract miners.
17 Jan 2011 09:11:07
(C)
Revenue decreased to CAD11.1 million (November 2009: CAD12.9 million). Net attributable loss was recorded at CAD1.4 million (November 2009: Net attributable profit of CAD0.5 million). Basic and diluted loss per common share fell to CAD0.003 per share (November 2009: CAD0.002 per share).



Outlook

During the past three months, the diamond market's recovery gained momentum with prices trending toward 2008 levels. The pace of recovery has not been at an equal rate for rough diamond and polished diamond prices: prices paid for rough diamonds are high whereas prices of polished stones are improving more slowly. While production levels remain low relative to the record volumes achieved in 2007, ultimately the price of polished stones will have to increase and meet prices paid for rough diamonds. There was a strong Christmas market, achieving a record level last seen since 2007. On the positive side, inventory levels would have reduced by these sales thereby fuelling the demand for rough diamonds in the new year.



During the third quarter of fiscal 2011, Rockwell operated three alluvial diamond mines, namely Holpan, Klipdam and Saxendrift as well as a bulk sampling site at the Klipdam Extension property. During fiscal 2010, the company raised USD8.6 million from private placements and in early fiscal 2011, Rockwell raised a further USD8.0 million by completing a rights offering and additional private placement. The majority of the funds are being utilized during fiscal 2011 to undertake plant improvements and optimisation at existing operations, particularly Saxendrift, and to complete the design and re-engineering of the Wouterspan processing plant into a high volume low cost mining and processing operation similar to Saxendrift. Management is of the opinion that the results from these projects, together with other ongoing operational improvements and reductions in operating costs, as well as increasing prices and demand for diamonds, will improve the company's financial performance.
15 Dec 2010 09:35:38
(Official Notice)
Rockwell announced that Dr. John Bristow has resigned from the position as president and CEO of the company. The board of directors has had in place over the last year a senior corporate management growth strategy initiative, which has involved the successful recruitment of a new chief operational officer (COO), chief financial officer (CFO) and other senior operational and financial management. As part of this process, the company plans to complete the engagement of an experienced senior executive as president and CEO who has equal financial and operational background. In the interim, the COO and CFO are reporting to a board committee. The board is also in discussion with Dr. Bristow, who remains as a director, to provide consulting services to the company to maintain continuity during the transition period. The board wishes to extend its thanks to Dr. Bristow for a sustained effort and unflinching commitment to Rockwell's success, and wish him well in his next endeavours. For further information on Rockwell and its operations in South Africa, please contact investor services at (604) 684-6365 or within North America at 1-800-667-2114.
16 Nov 2010 08:16:17
(Official Notice)
18 Oct 2010 08:34:58
(C)
Turnover for the six month ended 31 August 2010 increased considerably to CAD19.9 million, from CAD9.8 million in 2009. The company reported an operating profit of CAD1.9 million compared to a loss of CAD4.8 million in 2009. Loss for the period under review was recorded at CAD1 million from a loss of CAD6.6 million last year. Additionally, headline and basic loss per share was recorded at 0.20cps compared to a loss of 3cps in 2009.



Dividend

No dividend was declared during the period under review.



Prospects

Based on Rockwell's current forecasted cash flows for fiscal years 2011 and 2012 the company is confident that it will continue as a going concern. The forecasts assume the company achieves its projected operating parameters, prices remain at around current levels, which are approximately 15 to 20% below pre-economic crisis levels, and the South African rand remains at current levels relative to the United States and Canadian dollar.

15 Oct 2010 14:32:40
(Official Notice)
Rockwell will file its second quarter of fiscal 2011 results after market on Friday, October 15 and host a telephone conference call on Monday, October 18 at 10:00 a.m. Eastern Time (7:00 a.m. Pacific; 4:00 p.m. Johannesburg) to discuss these results. The conference call may be accessed by toll free dial in 877-381-4602 or operator assisted International dial-in 760-666-3757 or 0 800 051 3806 (toll free) in the UK and 0 800 999 567 (toll free) in SA. A live and archived audio webcast will also be available on the company's website at www.rockwelldiamonds.com. The conference call will be archived for later playback until midnight (ET) October 25, 2010 and can be accessed by dialling (800) 642-1687 (toll free) in North America or (706) 645-9291 (toll) and using the pass code 18447475.
01 Sep 2010 14:33:01
(Official Notice)
Rockwell announced changes to its board of directors and new appointments to its management team. Gary Wu has joined the board as a director and will replace Yong Guo who has stepped down from the Rockwell's board. William Fisher has also resigned from the board of Rockwell.



Gerhard Jacobs has been appointed to the position of chief financial officer of the company and Leon Meyer has joined the company as the manager of the Tirisano Project.
31 Aug 2010 15:02:02
(Official Notice)
Rockwell announced the recent recovery of several large (50 carats and above) stones from its Holpan, Klipdam and Saxendrift mines. The company is also conducting a bulk sampling project at Klipdam extension east of the Klipdam mine. The Wouterspan mine, also located on the MOR, is currently on care and maintenance. In addition, the company is in the process of acquiring the Tirisano operation located in the well-known Ventersdorp alluvial diamond district in South Africa's North West Province from Etruscan Diamonds Ltd.



Five large diamonds

During what is effectively the second quarter of fiscal 2011 (which ends August 31, 2010), Rockwell has recovered five large gemstones from its Holpan, Klipdam and Saxendrift operations, bringing the total number of plus 50-carat stones recovered in its current fiscal year to eleven. At Holpan, a 136-carat clean white (colour H to I), broken octahedral stone was recovered. At Klipdam, a 69.26-carat pinkish stone with a brown overtone and a blocked shape was produced. At Saxendrift, three stones - one 58-carat, one 82-carat and one 104-carat - were recovered from mining operations:

* the 58.20-carat stone is a white diamond of octahedral shape with a mackle or twin line running through it;

* the 81.29-carat stone is a fancy yellow with rounded octahedral shape and no inclusions; and

* the 104.03-carat stone is a clean Cape yellow, which shows a typical well formed octahedral shape.



These large stones are currently undergoing cleaning and valuation by the company experts. Thereafter, they are likely to be sold into Rockwell's joint venture with Steinmetz Diamond Group and, once manufactured and sold as polished goods, will provide additional profit share revenue to the company. Over the full 2009 calendar year, Rockwell recovered twelve plus 50-carat stones whereas in over the seven months of 2010, the company has already recovered eleven stones of larger than 50 carats.
25 Aug 2010 11:01:25
(Official Notice)
Shareholders are referred to the information circular mailed to them together with this notice of AGM on 13 August 2010 and are advised that the annual and special general meeting (the "Meeting") of shareholders of Rockwell Diamonds Inc. (the "Company") will be held at Suite 2500, 181 Bay Street, Toronto, Ontario, on September 9, 2010, at 2:00 p.m, EDT, for the following purposes:



*To receive and consider the financial statements of the Company for its fiscal year ended February 28, 2010, together with the auditor?s report thereon.

*To elect directors of the company for the ensuing year.

*To appoint an auditor of the company for the ensuing year.

*To approve alterations to the articles of the company.



An information circular accompanies this notice. The information circular contains details of matters to be considered at the meeting. The meeting will also consider any permitted amendment to or variation of any matter identified in this Notice and transact such other business as may properly come before the meeting or any adjournment thereof. Registered shareholders who are unable to attend the meeting in person and who wish to ensure that their shares will be voted at the Meeting are requested to complete, date and sign the enclosed form of proxy or complete another suitable form of proxy and deliver it in accordance with the instructions set out in the form of proxy and in the information circular. Non-registered shareholders who plan to attend the meeting must follow the instructions set out in the voting instruction form and in the information circular to ensure that their shares will be voted at the meeting. If you hold your shares in a brokerage account you are not a registered shareholder.
19 Jul 2010 08:49:51
(Media Comment)
Business Day reported that Rockwell Diamonds, intends to quadruple production to 10 000 carats a month in the next five years. "It will take some hefty chunks of capital," CEO John Bristow said in an interview. While Rockwell will seek to increase production a bit further at its three operational projects in the Northern Cape, the bulk of the new growth in output will come from new operations, with up to four new projects in the pipeline.
16 Jul 2010 11:40:48
(C)
Revenue improved to CAD8.5 million (2009: CAD$3.9 million), while gross profit also increased to CAD8.5 million (2009: CAD3.9 million). Opearting income rose to CAD2.5 million (2009: loss of CAD2.7 million). The company reported a net loss attributable to ordinary shareholders of CAD161 000 (2009: loss of CAD4.5 million) and EPS of CAD0cps (2009: loss of CAD0.02)



Dividends

No dividend were declared for the quarter under review.



Subsequent events

The company has signed a term sheet with Etruscan Diamonds Ltd whereby the company proposes to purchase Etruscan's Blue Gum diamond operation in the Ventersdorp region, SA. The acquisition is for 74% of the operation with the balance owned pursuant to SA's BEE empowerment regime. The price to be paid to Etruscan is an amount not exceeding R33.5 million (approximately USD4.7 million) payable in Rockwell shares valued at USD0.068 each. The company will also assume certain non-material property maintenance obligations effective immediately and other financial obligations upon completion of the acquisition. The company is awaiting transfer of the mineral right, which is a suspensive condition, to proceed with the transaction.



30 Jun 2010 14:32:55
(Official Notice)
30 Jun 2010 09:56:01
(Official Notice)
31 May 2010 17:51:50
(C)
Revenue declined to CAD29.8 million (CAD34.3 million). The operating loss grew to CAD2.7 million (loss of CAD2.1 million). However, the net attributable loss narrowed to CAD7 million (loss of CAD13 million). In addition, the headline loss per share improved to CAD3cps (loss of CAD5cps).



Dividend

No dividend has been declared.
28 May 2010 16:14:18
(Official Notice)
Rockwell will release its fiscal 2010 year end results after market close on Monday, 31 May 2010 and will host a telephone conference call on Tuesday, 1 June 2010 at 10:00 am Eastern Time (4:00pm Johannesburg) to discuss these results. The conference call may be accessed by dialing (877) 381-4602 (toll free) or (760) 666-3757 (toll) in North America, 0 800 032 3836 (toll free) in the United Kingdom and 0800 999 567 (toll free) in South Africa. A live and archived audio webcast will also be available at on the company's website at www.rockwelldiamonds.com.
31 Mar 2010 18:35:07
(Official Notice)
Shareholders are referred to the announcement released on SENS on Friday 26 March 2010 wherein they were advised that the previously announced rights offering was successfully completed with 100% of the offered rights being subscribed for. Further to the abovementioned announcement, Rockwell is pleased to announce the final basis of allocation with regards to the rights offering which closed for acceptances at 12:00 on Friday, 19 March 2010. Rockwell received valid acceptances in respect of 81 602 490 rights offer shares, representing 88% of the total number of 92 710 767 rights offer shares offered to qualifying shareholders as disclosed below:

*Shareholders holding 16 532 281 shares followed their rights; and

*Shareholders holding 65 070 209 shares followed their rights and requested an additional 95 363 868 shares;

The balance of 11 108 277 shares will be distributed on a pro-rata basis to those shareholders that requested additional shares.
26 Mar 2010 16:52:14
(Official Notice)
Rockwell announced that the previously announced rights offering has successfully completed with 100% of the offered rights being subscribed for. Shareholders are advised that the final basis of allocation from the transfer agents is still pending, whereafter a further announcement will be released advising on the final basis of allocation of the rights offering shares. Pursuant to the rights offering, Rockwell will issue 92.7 million common shares at a subscription price of CAD0.05 per common share yielding gross proceeds of approximately CAD4.6 million (ZAR 33.2 million). Pursuant to the rights offering a small number of other investors will purchase from the company approximately 57 million shares at a price of CAD0.065 per share, raising a further CAD3.7 million (ZAR 26.6 million) Rockwell now has an issued capital of approximately 520 million shares. This concludes the initial steps of the company's previously announced plans to recapitalize the balance sheet, modernize and re-comission the Wouterspan operation which was placed on care and maintenance in January 2009, and identify value add merger and acquisition targets such as the recently announced Etruscan acquisition. The rights offering comprised the final part of a process which resulted in approximately CAD16.9 million (before costs) being raised through a combination of private placement and rights offering.
24 Mar 2010 16:34:56
(Official Notice)
Shareholders are referred to the announcement released on SENS on 5 February 2010 wherein it was advised that results of the rights offering and the basis of allocation of additional subscription privilege would be published today, 24 March 2010. Shareholders are advised that we are awaiting the final results from the Transfer Agents, the expected date of publication of the final results and allocation of additional subscription privilege will be delayed until 25 March 2010.
12 Mar 2010 08:59:34
(Official Notice)
05 Feb 2010 11:14:53
(Official Notice)
Correction to ISIN code in respect of the rights offer. Shareholders are referred to the salient dates announcement released earlier today wherein the ISIN code for the rights under the JSE code RDIN was incorrectly stated as CA7743W1115. The correct ISIN Code for RDIN is CA77434W1115. All other dates and terms remain the same.
05 Feb 2010 09:36:34
(Official Notice)
05 Feb 2010 09:34:23
(Official Notice)
Rockwell Diamonds Inc. ("Rockwell" or the "company") announced that the principal South African regulatory authorities have settled on the relevant dates for the company's proposed rights offering, which are expected to be a record date of on or about February 19, 2010 and an expiry date of on or about March 19, 2010. The company seeks to utilize the same dates for the North American portion of the rights offering, but the final confirmation of such dates is subject to the company receiving final approval of the rights offering circular from Canadian securities regulatory authorities. The company expects to receive such approval later today, and it will issue a further update once such approval is received.
05 Feb 2010 08:30:37
(Official Notice)
03 Feb 2010 10:09:44
(Official Notice)
Rockwell Diamonds Inc. ("Rockwell" or the "company") announced that it has completed the private placement portion of the recapitalization financings originally announced on December 2, 2009 and has now established the number of rights to be offered in the rights offering, which is to be finalised this week and launched later this month with a March completion date. In its December 2, 2009 news release, the company announced its intentions to raise approximately CAD12.5 million in a combination of private financings and a shareholder rights offering. At that time, the company estimated that approximately CAD67 million rights shares would be offered based on an issued share capital of CAD238 million shares as well as an additional, approximately CAD30 million private placement shares which were expected to be issued to raise approximately CAD2 million before commencement of the rights offering.



In the company's January 6, 2010 news release, the company announced completion of CAD7.4 million of the private financings and also projected an overall increase of CAD2.2 million to a targeted total raise of about CAD14.7 million. As a consequence of the sequencing of the placements and the international aspects of the rights offering, the latter was delayed approximately 8 weeks from the original timetable. The company has now closed the private placement portion of the financing and has issued approximately 132.8 million shares at CAD0.065, thereby raising CAD8.6 million to date. Accordingly, the company currently has 370.8 million shares outstanding and the rights offering will offer approximately 92.7 million shares, representing an increase of 25 million shares or CAD1.25 million over the December 2, 2009 estimate. 47 million shares of the rights offering are the subject of a stand-by completion guarantee and, in the event that the rights offering is fully subscribed by existing shareholders, approximately CAD4.6 million will have been raised plus the stand-by guarantor will purchase a further 3.4 million of shares at CAD0.065, subject to TSX acceptance, making for a final recapitalization of between CAD13.2 million and CAD16.6 million.
15 Jan 2010 14:20:02
(C)
Revenue declined to CAD12.9 million (CAD16.1 million). Net attributable profit decreased to CAD0.5 million (CAD4.5 million). Basic and diluted profit per common share declined to CAD0.002 per share (CAD0.019 per share).



Outlook

The company has investigated other potential diamond acquisitions which would provide accretive value to Rockwell. In the light of current financial and diamond market conditions the company is unlikely to progress acquisition opportunities until such time as these conditions improve. The company will also initiate the modernization of the Wouterspan processing plant with a view to re-commission this operation subject to further improvements in diamond prices.
13 Jan 2010 15:33:02
(Official Notice)
Rockwell Diamonds Inc. reported that it has recovered several large stones - plus-50 carats in size - from the Saxendrift and Holpan mining operations. Some of these large diamonds were produced prior to the short break for the holiday season, and others were recovered since operational start-up on 8 January 2010. They are:

*52.40 carat clean light fancy yellow diamond from Holpan.

*60.52 carat light yellow octahedral diamond from Saxendrift.

*74.99 carat clean white irregular blocky stone from Saxendrift.

*54.23 carat light yellow broken macle stone with inclusions from Saxendrif.

*60.51 light yellow rounded flat stone with oxide coating and minor inclusions from Saxendrift.



The stones are being cleaned to ensure that their proper characteristics, including colour and clarity, are apparent for valuation by the company's diamond experts.

06 Jan 2010 15:43:28
(Official Notice)
Rockwell announced that it has now completed approximately USD7.4 million of the planned USD12.5 million of financings announced 2 December 2009. The shares issued under this financing will be subject to four month resale restricted periods from their issuance dates in December 2009 and January 2010. The company also intends to increase the originally planned USD12.5 million of financings by approximately USD2.2 million, and it has received Toronto Stock Exchange approval for such increase. The company expects to complete the remaining financings in January 2010. The remaining portion of the company's recapitalization will be sought through a rights offering planned for January 2010. Completion of at least USD3.1 million of this rights offering is guaranteed by another new principal investor, Daboll Consultants who are associated with the Steinmetz Diamond Group. Together with completion of the initial part of the financing, Rockwell has appointed Mr Yong Guo as a director of the company.
21 Dec 2009 15:41:52
(Official Notice)
08 Dec 2009 15:53:03
(Official Notice)
Rockwell announced the appointment of Hans Gastrow as Operations Manager - Processing and Recovery Plant to oversee and optimize its diamond processing and recovery plants, and Johan Oosthuizen as Financial Manager responsible for financial oversight and planning at the company's operations near Kimberley in the Northern Cape Province, South Africa.
02 Dec 2009 15:57:40
(Official Notice)
01 Dec 2009 15:40:59
(Official Notice)
12 Nov 2009 18:04:37
(Official Notice)
Rockwell reports that it has recovered three exceptional coloured stones from the Saxendrift alluvial diamond mine in South Africa. In addition, an outstanding 8.88-carat vivid yellow stone recovered by Rockwell earlier in 2009 has been manufactured and sold by the Steinmetz Diamond Group ("SDG"). The recently sold 8.88- carat manufactured stone from Saxendrift was beneficiated locally by skilled South African cutters and polishers ensuring that Rockwell and its partner support the development of the local diamond beneficiation industry.



Rockwell has during the month of October recovered three high-quality coloured diamonds, comprising a salmon-pink stone of 30.54 carats and two intense fancy yellow stones of 35.54 carats and 36.32 carats from its Saxendrift mine on the Middle Orange River. The three stones have the following characteristics:

*Salmon pink stone: This 30.54-carat stone is a mixed colour, including pink, orange and brown. The rough diamond form is flat and elongated and approximates a Marquise shape in the rough. It is of excellent clean clarity and is a makeable stone, which should yield a good recovery factor in the polished product in spite of its flattened elongate shape.

*Intense fancy yellow: This 35.54-carat stone is clean and of excellent clarity. The shape represents a blocky form, which was previously octahedron, and that has had all it sides removed through wear and abrasion during extensive high river transport. *Intense fancy yellow: This 36.32-carat stone is of excellent clean clarity. The shape is octahedral, although three corners are broken and this has left slight indentations in the stone, which will result in a lower recovery factor in the polished form than the 35.54-carat stone above.



These three stones are being processed under the beneficiation agreement with SDG. SDG manufacturing provides value enhancement in the cut and polished form, and thereby yielding excellent margins from the sale of the finished product.
03 Nov 2009 17:44:17
(Official Notice)
Rockwell Diamonds Inc announced the results of the annual general meeting of the company's shareholders held on October,30 2009 in London, UK.



A report of voting results for the AGM has been filed on SEDAR in compliance with securities regulations and is available to the public at www.sedar.com. For further details on Rockwell Diamonds Inc., please visit the company's website at www.rockwelldiamonds.com or contact Investor Services at (604) 684- 6365 or within North America at 1-800-667-2114.
28 Oct 2009 14:46:18
(Official Notice)
Rockwell announced the appointment of Graham Chamberlain as its chief operating officer ("COO"), effective 1 November 2009.
19 Oct 2009 10:07:40
(Official Notice)
Rockwell announced that it has rescheduled the conference call on its First Half Fiscal 2010 financial results to Tuesday, 20 October 2009. The time of the call remains at 10:00am Eastern Time (7:00 a.m. Pacific; 4:00 p.m. Johannesburg). The event was rescheduled to avoid conflicts with other corporate events. The conference call may be accessed by dialling 0 808 101 1147 (toll free) in South Africa. A simultaneous web cast of the conference call and replay will be available on the company's website at http://www.rockwelldiamonds.com. The conference call will be archived for later playback until 29 October 2009 and can be accessed by dialling (888) 203-1112 (toll free) in North America or (719) 457-0820 (toll) and using the pass code 8864739.
16 Oct 2009 11:04:46
(C)
The company realized a loss of USD6.6 million for six month period ended 31 August 2009, and for the three month period ending USD2.5 million. The loss was due to the collapse in the diamond market and decline in diamond prices.



The company is in advance stages of raising capital to meet the expenditure requirements to ensure the continuation of operations until such time when the international diamond markets recover. The capital expenditure will be applied to further optimise existing operations and reopen operations that were placed on hold.
07 Oct 2009 14:52:48
(Official Notice)
Rockwell is pleased to announce that it has appointed independent directors Mr Richard Linnell and Dr Willem Jacobs to its board effective 31 September 2009. They replace Mr Terry Janes and Mr Gregory Radke who resigned from the Rockwell board in June 2009.
06 Oct 2009 10:17:18
(Official Notice)
The annual and special general meeting of shareholders of Rockwell Diamonds Inc will be held at 8th Floor, 800 West Pender Street, Vancouver, British Columbia, Canada, V6C 2V6, on October 30, 2009, at 2:00 p.m, PST, for the following purposes:

* To receive and consider the financial statements of the company for its fiscal year ended 28 February 2009, together with the auditor's report thereon.

* To elect directors of the company for the ensuing year.

* To appoint an auditor of the company for the ensuing year.

An information circular will accompany this notice when mailed to shareholders. The information circular contains details of matters to be considered at the meeting. Registered shareholders who are unable to attend the meeting in person and who wish to ensure that their shares will be voted at the meeting are requested to complete, date and sign the enclosed form of proxy or complete another suitable form of proxy and deliver it by fax, by hand or by mail in accordance with the instructions set out in the form of proxy and in the information circular. Non-registered shareholders who plan to attend the meeting must follow the instructions set out in the voting instruction form and in the information circular to ensure that their shares will be voted at the meeting. If you hold your shares in a brokerage account you are not a registered shareholder. Dated at Vancouver, British Columbia,1 October 2009.
05 Oct 2009 14:34:31
(Official Notice)
Rockwell Diamonds Inc provides an update on its operations for the period March 1, 2009 to October 2, 2009. As a consequence of the international economic crisis and precipitous decline in rough diamond prices, Rockwell restructured its business and operations in January and February 2009 to ensure it could manage the challenges presented by this situation. The company placed its Wouterspan operation on care and maintenance, reduced its employee complement by a total of 180 personnel, and implemented initiatives to increase production and reduce operating costs. These initiatives included a review of all contracts and out-sourcing arrangements, further refinement of mine plans, stringent grade control, smarter earth moving procedures, re-engineering initiatives to improve production throughput at Saxendrift, Holpan and Klipdam, and rigorous planned maintenance and repair programmes at all processing and recovery plants. The company contracted an experienced engineer with extensive diamond plant (dense media cyclone and rotary pan plant) experience, and capital expenditure programmes were cutback to conserve cash.



The initiatives implemented by the Rockwell board and management have shown systematic benefit at all operations and resulted in better mining efficiency, increased production, higher diamond recoveries, lower operating costs, and improved operating efficiencies. As a consequence of these initiatives the company has exceeded its target of 2500 carats per month from its three operating mines during the period June to September 2009. Previously the company was achieving similar production from four mines. Diamond production data for Rockwell's three active mine sites is summarized in the table below:
18 Aug 2009 14:39:31
(Official Notice)
16 Jul 2009 14:34:56
(C)
The directors believe that the company will continue as a going concern for the next quarter as well as the fiscal year ending on 28 February 2010. The cash flow forecasts for the 2010 fiscal year indicate that additional funds of approximately USD4 million will be required to enable the company to continue as a going concern. The group reported a loss for the period of CAD4.55 million.
16 Jul 2009 09:26:38
(Official Notice)
26 Jun 2009 18:32:32
(C)
Rough diamonds sales rose to CAD34.3 million (CAD8.1 million). The operating loss widened dramatically to CAD1.8 million (loss of CAD0.9 million). The net loss for the period more than doubled to CAD13 million (loss of CAD6.4 million). However, the headline loss per share narrowed to CAD4cps (loss of CAD11cps).



Dividend

No dividend has been declared.

26 Jun 2009 15:22:39
(Official Notice)
Greg Radke and Terry Janes have resigned from the Board of Rockwell with immediate effect.
18 Jun 2009 09:19:27
(Official Notice)
Rockwell announced the results of voting from a special shareholders meeting held and called by Pala Investments Holdings Ltd (the "dissident"). Approximately 74% of the company's issued and outstanding shares were voted. A tabulation of the final results with actual votes cast is available on the company's profile at www.sedar.com.



Over 57.33% of the votes were cast against the removal of one or more of the current board of directors, so the current board is retained. Approximately 62.07% of the votes cast were in favour of continuing the shareholder rights plan and slightly over fifty-seven percent 57.14% voted to direct Rockwell to not reimburse the dissident of the meeting for its costs associated with the meeting. On advice of counsel and because of its advisory nature, the executive directors agreed to remove the fair rights offering from this meeting agenda. However, over 57.22% did support the fair rights offering (meaning a rights offering which does not require compromise of the shareholders rights plan) proposal.
15 Jun 2009 09:24:46
(Official Notice)
The executive directors of Rockwell have made a final appeal for voting support and reiterated their belief that Rockwell shareholders will see through Pala Investment Holdings Ltd's thinly disguised cashless take- over and understand that there is a hidden agenda. The executive directors trust that shareholders understand the fundamental strengths of Rockwell`' business and will not turn over control to Pala's hand-picked nominees in order to give them a mandate to dismantle shareholder protections.
11 Jun 2009 14:37:26
(Official Notice)
Rockwell announced the company has entered into a letter agreement with Haywood Securities Inc ("Haywood") to act as dealer manager and to provide a standby commitment, often referred to as a "back-stop", for the planned fair rights offering. Under the terms of a letter agreement signed today, Haywood will back-stop the rights offering to a maximum of CAD3.6 million. The rights exercise price will be determined in the context of the market subsequent to the 17 June 2009 shareholders meeting. The Haywood offer is subject to Rockwell board approval and subject to Pala Investments Holdings Ltd's initiatives not succeeding at the June 17 meeting. Under the terms of the offer Haywood would, for a fee of under 2% of the amount back-stopped, manage the rights offering of up to 60 million shares and will exercise any rights not subscribed for by existing Rockwell shareholders.
08 Jun 2009 09:11:07
(Official Notice)
The executive directors of Rockwell Diamonds Inc announced that in a 5 June 2009 decision the Supreme Court of British Columbia has denied the petition of Pala Investments Holdings Ltd to strike down the executive directors' proxy for the 17 June, 2009 shareholders meeting.



David Copeland, Chairman of Rockwell, speaking on behalf of the executive directors, said "In making its ultimate ruling, the Court agreed that shareholder democracy should prevail." "We are pleased with the court's ruling as it is clearly an affirmation of shareholder rights. Pala's attempt to have our Green Proxy withdrawn was an underhanded way of stifling the dissenting voices against Pala's brazen attempt to indirectly take control of Rockwell. This has been yet another Pala roadblock intended to distract us from running our business and further depletes the company's treasury." "The executive directors strongly objected to Pala's position that on the critical issues of board composition and the continuation of Rockwell's shareholder rights plan that Rockwell shareholders might find reading and understanding the voting instructions on the Green Proxy a challenge. The court concluded that the Green Proxy could be used for voting on these two resolutions and confirmed the mechanics of how the votes are to be counted on the issue of board composition and the continuation of the rights plan." On the matters of the fair rights offering and the denial of Pala's costs in connection with convening the meeting, Mr Copeland said "The Court did rule that there was an issue as to the manner in which the purely advisory vote on the fair rights offering and the vote on denying Pala's costs could be brought before shareholders at the meeting. The Court left it for the chairman of the June 17 meeting to determine whether these matters should be considered at the meeting, if raised. If the chairman entertains motions to consider the fair rights offering or the denial of Pala's costs we will be guided by the directions shareholders give in their Green Proxies on these issues in determining how to vote those proxies."
08 Jun 2009 09:05:01
(Official Notice)
Rockwell announced that the British Columbia Supreme Court has granted an order in response to the petition brought by Pala Investments Holdings Ltd against Rockwell, John Bristow, Mark Bristow and David Copeland to have the proxy materials of John Bristow, Mark Bristow and David Copeland withdrawn and re-issued.
04 Jun 2009 07:51:37
(Official Notice)
John Bristow, CEO of Rockwell, retracted recent comments made by him to, Allan Seccombe, managing editor of mining website Miningmx and in a podcast carried by fin24.com. These comments downplayed management's concerns about the delayed release of audited results and the reasons for such delay.



Executive management, together with the directors, is taking the ongoing issue of the internal control breakdown very seriously and is taking steps to correct the matter. Executive management will be seeking to recruit additional senior accounting personnel, a shortage of which management believes lies at the heart of the problem. No implication to the contrary was intended in the Miningmx and fin24.com interviews.
01 Jun 2009 08:20:12
(Official Notice)
Rockwell Diamonds Inc. announced the delayed filing of the company's financial statements for the year ended February 28, 2009, including the related management discussion and analysis, annual information form and CEO and CFO certifications. Management and the Audit Committee concur with the company's auditors that the company will be unable to file the required documents before the required deadline primarily because of an apparent material breakdown in the company's internal controls, which in management's view are related in part to changes arising over the last approximately six months including a change of the company's Chief Financial Officer, change of year-end and change of auditors. The company is working diligently with its accounting staff and its auditors to address the issues raised by the auditors and anticipates that it will be in a position to file the required documents on or before June 26, 2009.



In the interim, the company will apply to the applicable securities regulatory authorities for a management cease trade order related to the company's securities to be imposed against some or all of the persons who are or have been directors, officers or insiders of the company for so long as the required
28 May 2009 16:59:14
(Official Notice)
The executive directors issued an information circular on 22 May 2009, soliciting proxies to defeat Pala's two initiatives including removing the executive directors from office and terminating the previously shareholder- approved shareholders rights plan. However in addition to defeating this thinly disguised cashless take-over by Pala, the executive directors are seeking shareholders' approval for a fair rights offering and a denial of Pala's costs relating to the unnecessary special meeting. The shareholders should not have to bear the burden of the costs associated with this latest take-over attempt. Consequently, the executive directors have instructed their legal counsel to appear in British Columbia Supreme Court to defend the right of the executive directors to take their case to shareholders.
26 May 2009 14:50:31
(Official Notice)
The executive directors of Rockwell responded to the 25 May 2009 news of Pala Investment Holdings Ltd ("Pala") noting that it is at odds with the documentary record and reiterating why they believe their proposed fair rights offering is the most appropriate and equitable financing solution for all shareholders.



The executive directors have established a purpose-specific web site, www.executivedirectorsrockwell.com, where information is available for all shareholders relating to the issues concerning the special meeting. This site will be updated regularly and kept current leading up to the special meeting on 17 June 2009.



The executive directors urge you to support their continued stewardship of the company by voting against the special resolution to remove them from office and by voting for a fair rights offering, which will provide balance to the company's shareholder constituents, by using the green form of proxy.
20 May 2009 15:50:38
(Official Notice)
On 29 April 2009, Pala Investments Holdings Ltd, which holds 19.9% of Rockwell's issued share capital, announced in Toronto that it had requisitioned a meeting of Rockwell shareholders to be held on 17 June, 2009 to vote on the appointment of three proposed new directors and to terminate the shareholders rights plan.



The Executive Directors consider the calling of the Special Meeting by Pala to be completely unnecessary as Rockwell's counsel had already advised Pala that the Annual General Meeting of Rockwell shareholders would be held in July 2009, within the four month period for the requisitioned special meeting. Shareholders and management will now suffer the costs and distraction of two shareholders meetings in quick succession. Since September 2008, Rockwell's management has been subjected to ongoing attacks by Pala - a minority shareholder, placing considerable strain on the company's financial resources and management time. In spite of this, the company has proactively addressed the challenges of the global economic crisis, which have adversely impacted on diamond prices. The management team has steadily improved and enhanced operational activities, productivities have increased and operational costs have continued to decrease. Prices for diamonds are also showing some signs of improvement and the Executive Directors believe the worst is behind them.
16 Jan 2009 10:22:20
(C)
The company realised revenues of CAD16.2 million (2007: CAD9.91 million). Operating profit for the November 2008 quarter amounted to CAD4.528 million (2007: loss of CAD2.25 million). Net profit for the period was CAD7.769 million (2007: loss of CAD2.63 million). Earnings per share for came in at CAD2cps (2007: loss of CAD1cps).



Dividends per share

No dividends were declared.



Prospects

In the light of current financial and diamond market conditions the company is unlikely to progress acquisition opportunities until such time as market conditions improve. Subsequent to September 2008 the international diamond market has softened as a consequence of the credit crunch and the volatility and uncertainty in the banking and financial market sector. Sales of rough diamonds have slowed and prices have weakened and this situation could have an impact of Rockwell's business going forward. In the quarter ended November 30, 2008, market demand continued to decrease as retailers continued to resist committing their limited capital towards polished diamond inventory. This situation was caused by world financial crisis and banks not lending money to retailers to purchase new stock until their debt had been reduced. This had an immediate effect on their ability to purchase rough diamonds. Diamond traders have experienced these 'slow downs' in the past, so the industry remained calm and there was a limited amount of forced selling, so although there was a limited amount of trade in polished stones, polished prices did not decrease markedly. Demand on the secondary rough diamond market ceased, and first hand buyers that purchased from producers like Diamond trading company and Alrosa turned down a large percentage of their allotments. Producers felt the effects of this reluctance to purchase rough diamonds. Any purchases made on the secondary market during this quarter were opportunistic and at prices well below market value. This has allowed the buyers to sit on the stock until such time the market begins trading again. The world's producers, particularly the two largest De Beers and Alrosa, immediately reduced production. High net worth individuals still invest in diamonds and interest in rare diamonds continues to be stable.
12 Jan 2009 16:10:04
(Official Notice)
Further to the previous announcement that the company would be extending the normal year-end shutdown to 5 January 2009, the company has elected to extend this shutdown period to the end of January 2009 as a consequence of continued weakness in the diamond market. This decision follows a detailed review by management and the directors of the company of the prevailing static conditions in the diamond market, cash flow projections, operational parameters and costs, and technical factors such as grade characteristics of each mining operation. Further to this review the company is also planning to restructure its Middle Orange River operations to reduce costs and increase production and efficiencies.



The Wouterspan and Saxendrift operations are located near to each other on the Middle Orange River. A new low cost, high volume plant was successfully commissioned at Saxendrift in the latter part of 2008. Current plans are to rationalize production at the two operations, focusing on ramping up production at the new Saxendrift plant in February and suspending operations at the lower grade Wouterspan operation until such time as a new high volume, low cost, twin modular 18-foot pan plant is constructed and commissioned.



The proposed suspension of operations at Wouterspan is, unfortunately, likely to result in the reduction of staff at this operation and to this end negotiations have been initiated with the company's employees and the National Union of Mine Workers, which is the labour organization representing the majority of the company's employees. The longer term plan is to upgrade the Wouterspan plant as described above and to then reinitiate mining and processing. Maintenance and modifications for further cost savings (for example, replacement of the de-sanding unit at Holpan with a simple, effective low cost degrit and cyclone system) are on-going at all of the company's other operations, which are scheduled to restart at the end of January.



Financial results for the period ended 30 November 2008 are expected to be published on or about 14 January 2009.
08 Jan 2009 17:08:01
(Official Notice)
Rockwell diamonds inc advises shareholders that earnings and headline per share for the nine month period ending 30 November 2008 are expected to show an estimated earnings of approximately CAD0.01 per share. Basic and fully diluted per share figures will be included in the definitive statements. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The unaudited results for the financial year ended 30 November 2008 are expected to be published on or about 14 January 2009.
26 Nov 2008 11:10:28
(Official Notice)
Rockwell announced changes to its board of directors, resulting in a more independent and balanced board. These positive changes have been implemented as a result of a recent board review of the company's operations in light of volatile capital market conditions and investor perceptions of listed diamond entities. The changes also reflect alignment with Rockwell's black economic empowerment partner and its largest shareholder, Pala Investments. The changes, effective as of November 21, 2008, include the following:

* After playing key roles in the advancement of Rockwell, Mr Pat Bartlett, Mr Rene G. Carrier, Mr Scott Cousens, and Mr Douglas Silver have resigned from the board;

* Mr Sandile Zungu, a mechanical engineer with an MBA and a founding member of Zungu Investments Company (Pty) Ltd ("Zico") , a diversified investment company which is the majority shareholder of Rockwell's empowerment partner Africa Vanguard Resources ("AVR"), has joined the board as an independent director;

* Mr Terry Janes, a geological engineer who was involved in the establishment of Canada's Ekati diamond mine and managed BHP Billiton's diamond marketing operations in Antwerp has joined the board as an independent director;

* Mr Bill Fisher, a geologist with alluvial diamond mining experience in Africa and Brazil, and broad experience in the management of Canadian publicly listed companies has joined the board as an independent director;

* Mr Greg Radke, a lawyer with 15 years experience in international finance has joined the board as an independent director; and

* Mr David Copeland, Dr Mark Bristow, and Dr John Bristow will all continue to serve as directors.
24 Nov 2008 16:05:09
(Official Notice)
04 Nov 2008 17:57:00
(Official Notice)
Rockwell announced that the unsolicited offer made by Pala Investments Holdings Ltd (Pala) to acquire all of the outstanding shares of Rockwell for USD0.36 per share had been withdrawn. Pala announced in Canada on 3 November 2008 that it had withdrawn and was not proceeding with the offer. The reason given by Pala for its withdrawal was that it had determined that a number of the conditions to the offer were incapable of being satisfied prior to the expiry date and had therefore withdrawn the bid at this time in order to provide Rockwell shareholders with certainty as to the status of the offer. No further information has been finished to the Rockwell board to explain this withdrawal of the offer.
04 Nov 2008 16:48:13
(Official Notice)
The JSE Ltd wishes to advise that the trading in the securities of Rockwell Diamonds has been halted pending the release of an announcement by the company.
03 Nov 2008 12:37:00
(Official Notice)
Rockwell announced that it has received a second independent fairness opinion in respect of the unsolicited offer by Pala Investments Holdings Ltd ("Pala") to acquire all of the outstanding shares of Rockwell for USD0.36 per share ("the Offer"). An opinion letter from RBC Capital Markets was enclosed with the response circular dated 18 September 2008. Following the publication of the response circular, the Securities Regulation Panel ("SRP") using its discretion in terms of Rule 3.4 of the Code, ruled that a further appropriate external advisor was required to advise the Board on the Offer. In accordance with the requirements of the SRP, Rockwell undertook to obtain a second independent expert opinion on the Offer. The Special Committee of Rockwell's independent directors, with the approval of the SRP, appointed Sasfin Capital ("Sasfin"), to provide the Special Committee with an independent opinion as to whether the terms and conditions of the Offer are fair to the shareholders of Rockwell.



Based on the assumptions and procedures set out in its letter, Sasfin calculated that the fair value of each Rockwell share is not less than USD0.44 per share. At the mid-rates quoted by Nedbank Capital of South Africa at the time and date of signature of Sasfin's opinion, October 30, 2008, of CAD1.1932 and ZAR9.6600 per US dollar, this minimum value equates to CAD0.5250 and ZAR4.2504 respectively. This second opinion also indicates that the Pala offer undervalues the company from a financial point of view. A full copy of the Sasfin opinion is available on the Rockwell website at www.rockwelldiamonds.com. A copy of the Sasfin opinion will be posted to all Rockwell shareholders.
27 Oct 2008 14:42:40
(Official Notice)
Rockwell reported on the premiums achieved from the sale of three cut and polished stones through its agreement with the Steinmetz Diamond Group ("SDG"). These stones were recovered from its Makoenskloof project and Wouterspan mine, located in the Middle Orange River area of South Africa. Three exceptional yellow gemstones, manufactured by SDG from rough diamonds produced by Rockwell, have now been sold to buyers in southeast Asia. The finished stones included:

*a 102-carat, vivid yellow cut from a 212-carat, yellow rough diamond;

*two matching, 10-carat, vivid yellow diamonds cut from a 36-carat yellow rough diamond.

As a consequence of the sale of these three manufactured stones Rockwell has achieved:

*a 50% premium on price over and above the rough diamond value realized for the original 212-carat stone;

*an 80% premium on price over and above the rough diamond value realized for the original 36-carat stone;

*an increase in value realized from these stones and achieved through the manufacturing skills and marketing expertise of SDG, resulting in additional revenues of approximately USD2 million to Rockwell.
20 Oct 2008 14:37:59
(Official Notice)
Rockwell announced the appointment of Desmond Morgan as its new chief financial officer from the end of October 2009.
16 Oct 2008 07:57:08
(Official Notice)
Rockwell announced that the executive director of the SRP in response to objections lodged by Rockwell issued a ruling on October 14, 2008 with respect to the unsolicited offer (by Pala Investments Holdings Ltd ("Pala") to acquire all of the outstanding shares of Rockwell for CAD0.36 per share ("the offer"). The executive director has ruled that the offer is in breach of certain of the provisions of the Securities Regulation Code on Takeovers and Mergers and the Rules of the Securities Regulation Panel of South Africa (collectively, "the SRP Code") and has ordered Pala to amend the offer.
15 Oct 2008 16:34:47
(C)
During the six months ended August 31, 2008, the company realized rough diamond sales of CAD17 million. The company had a loss of CAD3.1 million for the six month period ended 31 August 2008. Headline earnings per share amounted to CAD1cps.



Dividend

No dividend was declared.



Prospects

The Hong Kong Jewellery and Watch Fair during mid September will be closely monitored to determine the level of activity for the next few months in the industry. All indications are that large stone interest will continue; however, economic issues will introduce a level of caution, particularly by US consumers, and less so in the remainder of the world.



Rockwell expects the prices to remain firm for the remainder of 2008. Rockwell has continued its sales via sealed bid tender basis as well adding a few special diamonds (single, large, high value stones) that will be cut and polished by Steinmetz Diamond Group on behalf of the Steinmetz Diamond Group/Rockwell Diamonds Inc. joint venture. The polished results of such 'specials' are promising and are expected to provide good returns over the next few quarters.



Rockwell's marketing of its diamonds will continue in the same fashion as the past but will further investigate the options to diversify its beneficiation program for selected rough diamonds from Rockwell's production that prove viable based on the skills and the costs of polishing within South Africa.
09 Oct 2008 14:39:35
(Official Notice)
Rockwell advises shareholders that earnings and headline earnings for the three month period ending 31 August 2008 are expected to be slightly lower than for the comparative quarter ended 31 August 2007. This is as a direct result of the loss on sale of the Minero Rocardo property which is excluded when headline earnings are calculated. As a result of the amount of shares outstanding the move on earnings per share shows 0% when rounded to two decimal places and is considered to be negligible. Headline earnings per share for the quarter ended 31 August 2008 also show a 0% move for the same reasons as the earnings per share and is also considered to be negligible. Basic and fully diluted per share loss figures will be included in the company's definitive financial statement. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The unaudited results for the period ended 31 August 2008 are expected to be published on 15 October 2008.
08 Oct 2008 14:40:41
(Official Notice)
Rockwell reported on the sale of its large 189.68 carat white stone and the sale of run-of-mine production for the period 1 June to 31 August 2008 representing the company's second quarter fiscal 2009 operating period. The sale of the latest large stone (189.68 carats) recovered from the Klipdam mine realized a price of USD10 291 050 which equates to a value of USD54 255 per carat. Concurrently with the sale of the 189.68 carat white stone, the company also realized USD4 928 166 for the sale of 3 945.84 carats of run-of-mine production from its Wouterspan, Holpan, Klipdam and Saxendrift operations. The company realized total revenue of USD15 219 216 from its latest diamond sale, representing an average price of USD3 680 per carat for the latest sale results. The company's average sale price for the first two quarters of fiscal 2009 now stands at USD2 491 per carat.
25 Sep 2008 14:29:49
(Official Notice)
22 Sep 2008 15:39:15
(Official Notice)
Rockwell announced that its board of directors, based on the recommendation of its special committee of independent directors, unanimously recommends that Rockwell shareholders reject the unsolicited offer (the "offer") by Pala Investments Holdings Ltd ("Pala") to acquire all of the outstanding shares of Rockwell for CAD0.36 per share. After careful consideration, including consultation with its independent financial and legal advisors, Rockwell's board concluded that the offer significantly undervalues Rockwell and is not in the best interests of its shareholders. In its directors' circular, Rockwell's board strongly recommends that all Rockwell shareholders reject the offer and not tender their shares.
17 Sep 2008 15:04:18
(Official Notice)
To vote at the AGM, as is the case at all annual meetings of public companies, a shareholder was required to either be a registered shareholder or properly instruct their broker or financial intermediary to vote at the AGM. Pala is not a registered shareholder of the company and therefore was required to either deposit a proxy within the appropriate timeframes or deliver a letter from a registered shareholder appointing Pala as its authorized representative at the AGM. Contrary to its press release, Pala did not meet these requirements. According to the voting report prepared by the company's transfer agent, Computershare, Pala neither deposited a valid proxy nor delivered a letter on behalf of a registered shareholder appointing Pala its authorized representative.



The chair of the AGM carefully considered the request of Pala to vote at the AGM and adjourned the meeting to examine, with the assistance of independent counsel and the independent scrutineer appointed at the AGM, the shareholder register of the Company and the report of proxies validly deposited with the company. The chair ruled that Pala had not met the requirements to vote at the meeting. Before ruling, the chair allowed Pala and its counsel time to examine the shareholder register with a representative of Computershare and to make further submissions regarding its failure to adhere to the stated voting procedures. The company notes that certain other shareholders, some of whom wished to cast sizeable votes in favour of the motions before the meeting, were not allowed to vote at the AGM as they also failed to comply with the applicable voting requirements.
17 Sep 2008 11:16:20
(Official Notice)
At the AGM, each of David Copeland, John Bristow, Rene Carrier, Scott Cousens, Mark Bristow, Dominique de la Roche, Douglas Silver and Patrick Bartlett were re-elected as members of Rockwell's board of directors. The company's shareholders re-appointed Davidson - Company LLP, Chartered Accountants as auditor of the company, and shareholders approved amendments to the company's share option plan, which are described in the management information circular (the "circular") delivered to shareholders by the company in advance of the AGM. Rockwell's shareholders also approved the adoption and ratification of the company's Shareholder Rights Plan Agreement, which is described in detail in the circular.



A report of voting results for the AGM has been filed on SEDAR in compliance with securities regulations and is available to the public at www.sedar.com. For further details on Rockwell Diamonds Inc, please visit the company's website at www.rockwelldiamonds.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.
11 Sep 2008 17:22:56
(Official Notice)
Rockwell reported on the recovery of an exceptional 189.6-carat gemstone diamond from its Klipdam mining operation north of Kimberley in the Northern Cape Province of South Africa. This large and exceptional gemstone diamond is oval in shape, somewhat flattened and strongly resorbed, and shows features typical of top colour high value type-2 gemstones. The company has also recovered a small but rare 1.13-carat intense blue flawless diamond from the same Klipdam Mine.
10 Sep 2008 08:48:20
(Official Notice)
The company?s board of directors received an unsolicited letter from Pala on 29 August 2008 which expressed Pala`s interest in acquiring all of Rockwell`s common shares at USD0.40 per share, and which set a deadline for response of 5 September 2008. The board of directors immediately commenced a review of the indication of interest in the context of the company?s alternatives to maximize shareholder value and appointed a special committee of independent directors for this purpose.



The board of directors advised Pala that they would carefully consider the proposal with the assistance of their independent financial and legal advisors and anticipated being in a position to respond by the end of this week. The Special Committee indicated its willingness to meet with Pala to receive more information concerning its proposal but Pala then declined to meet. Rockwell advises shareholders to not deposit any common shares to the Pala offer and to not take any other action concerning the offer until shareholders have received further communications from the board of directors of Rockwell.



Rockwell will issue a directors` circular that will contain important information for shareholders, including the board recommendation regarding the offer, within 10 business days.
04 Sep 2008 14:47:54
(Official Notice)
Rockwell announced the appointment of Bruce Cubitt, a specialist in earth moving plant and open cast mining methods, to strengthen the company's management team and oversee all day to day operational aspects of its Northern Cape alluvial diamond mining operations. Bruce initially studied geology at the University of Natal and joined De Beers as a field assistant prior to completing a National Technical Diploma in Coal Mining at the Witwatersrand Technikon in 1985. He received his Mine Mangers Certificate of Competency in 1992, and completed a Management Development Program at Pretoria Technikon in 1993. He gained extensive experience in underground, and then open cast coal mines, rising to mine manager level on BHP Billiton collieries in the Mpumalanga Province of South Africa. Bruce joined MCC Group of Companies, a successful contract mining business, in 2000 where he gained experience on open cast platinum and alluvial diamond mines. He has a Blasting Ticket and spent time in Australia gaining experience in shovel and truck procedures for open cast mining Mr Cubitt will assume the role of Operations Manager for the company's operations in the Northern Cape Province. He will be responsible for the day to day management, optimization, maintenance, and replacement policies of the company's large earth moving fleet, processing activities, and related services.
03 Sep 2008 15:04:02
(Official Notice)
Following negotiations between the company and the National Union of Mineworkers ("NUM"), the parties have settled the disciplinary procedure and hearing initiated against employees at its Wouterspan Mine on the Middle Orange River in the Northern Cape Province of South Africa. As reported in a news release of July 25, 2008 this action was initiated following illegal strike action at this mine. During discussions and negotiations with the NUM in respect of the Wouterspan industrial action, the company was also able to conclude wage negotiations which were implemented in June 2008. These negotiations reached a deadlock in mid August and were followed by work stoppages at the company's other operations. The company has agreed on a 13.5% increase on the basic wage paid to its employees, excluding management levels. This increase is in line with latest consumer price inflation figures for South Africa. During the industrial action and work stoppages experienced by the company, Rockwell was able to maintain day time shift production through the efforts of its mine management and supervisor teams supported by non-unionised employees, at its Saxendrift, Wouterspan and Klipdam operations. Health and Safety procedures were adhered to at all times, routine maintenance and repairs, as well as upgrades of certain plant and equipment was performed during the period of industrial action. As a consequence of the Wouterspan industrial action and stoppages experienced due to wage issues, the company has experienced production losses during late July and the month of August, with production falling by approximately 55% for the month of August. No delays were experienced with the fabrication and construction of the company's new high-volume Wet-Rotary Pan Plant being constructed on the Saxendrift property. Start-up of this plant is scheduled for early November 2008.
26 Aug 2008 09:04:21
(Official Notice)
Rockwell has advised that the Annual and Special General Meeting of shareholders of the company will be held at the offices of McCarthy Tetrault, 5 Old Bailey, 2nd Floor, London, EC4M 7BA, England, on 15 September 2008, at 2:00p.m, BST.
07 Aug 2008 15:58:28
(Official Notice)
Rockwell reported that eight new prospecting permits had been granted by the South African Department of Minerals and Energy. These new prospecting permits are located in the Middle Orange River area in the Northern Cape Province of South Africa, and include a number of permits which are adjacent to the company's Wouterspan and Saxendrift operations.



President and CEO John Bristow noted that, "These new prospecting permits provide the company with the means to extend the diamond bearing gravel resources around its existing operations, and identify new project areas of interest in the Middle Orange River area."
25 Jul 2008 14:33:11
(Official Notice)
Rockwell noted that as a consequence of industrial action it has suspended mining and processing operations at its Wouterspan mine on the Middle Orange River. An update on the Wouterspan situation will be provided once the company has fully assessed its options in respect of the industrial actions and appropriate remedial actions and the likely impact on production. Mining and processing operations are proceeding routinely at Rockwell's other three operational sites including Holpan and Klipdam north of Kimberley, and at Saxendrift on the Middle Orange River. Construction of the new Saxendrift high volume pan plant remains on schedule.
18 Jul 2008 12:16:37
(C)
Operating results for the three months ended 31 May 2008 are not necessarily indicative of the results that may be expected for the full year ending 28 February 2009. The revenue for the first quarter was reported at CAD7.3m and the loss for the period was CAD801 353, resulting in basic and diluted loss per common share of CAD0.003.



Dividends

No dividend was declared for the period.



15 Jul 2008 15:43:25
(Official Notice)
The company had a loss of CAD801 353 for the three month period ended 31 May 2008 compared to a net loss of CAD1 921 445 for the comparable period in the prior year. The decrease in net losses during the period is primarily a result of management of expenditures and increase interest earned over the period. The average operating cost during the period was USD3.69 per tonne, a decrease from USD5.48 per tonne in the quarter ending 31 May 2007.



Rockwell is positioned for growth by mining and developing alluvial diamond deposits. The company has focused on projects with the potential for production of high value gemstone diamonds which are predominantly larger than 2 carats in size. Plus 2-carat stones comprise more than 70% of the company's production and are of exceptional quality and value. Market forecasters indicate these gemstones are in short supply and will continue to show strong year on year price increases. During quarter ending 31 May 2008, the company operated three alluvial diamond mines and is currently in the process of developing and constructing a new wet rotary pan plant at the fourth operation. The existing plant is being re- commissioned and should be in production during the latter part of the second quarter of fiscal 2009. The company also continues its aggressive property assessment and development strategy, and advanced corporate activity to raise its profile, attract new shareholders, and pursue new acquisitions.
11 Jul 2008 14:37:17
(Official Notice)
Shareholders are advised that the company's earnings per share and headline earnings per share for the period ending 31 May 2008 is expected to show a loss of CAD0.003c and CAD0.004c per share compared to the loss of CAD0.03c and CAD0.08c for the comparative period ended 31 May 2007. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The unaudited results for the period ended 31 May 2008 are expected to be published on or about 14 July 2008.
07 Jul 2008 14:51:19
(Official Notice)
The company offered a total of 2 672.92 carats for sale, representing diamond production for most of the month of May and the first week of June 2008 from the Wouterspan, Holpan, Klipdam, and Saxendrift mining operations. Diamond production in this period was achieved at an operating cost of approximately USD4.29 per tonne, reflecting an increase over the target range of USD3-3.50, as a result of a combination of start-up costs for Saxendrift and low throughput through the existing rotary pan plant there that comprises four pans. Average operating costs for the four-month period including June were approximately USD3.60 per tonne. Rockwell realized total revenue of USD6 967 850 for this sale, representing an average price of USD2 606 per carat.
12 Jun 2008 15:12:12
(Official Notice)
The company offered a total of 2 142.52 carats for sale, representing diamond production for most of the month of April 2008 from the Wouterspan, Holpan and Klipdam mining operations. Rockwell realized total revenue of USD2 555 471 for this sale, representing an average price of USD1 192 per carat. Rockwell receives 74% of the revenues from the sale of the diamonds from these operations.
30 May 2008 08:57:08
(Media Comment)
Business Day reported that Rockwell was looking at opportunities to acquire high-value alluvial diamond producers in both South Africa and Southern Africa. To smooth production volatility, Rockwell aims to become an operator of four to six mines. The company has CAD16.5 million in cash available for development.
28 May 2008 10:06:03
(C)
Revenue amounted to CAD36.1 million for the nine months ended 29 February 2008, which was for Rockwell's first year as a listed company on the JSE. Operating profit came in at CAD6.9 million and the loss for the period attributable to ordinary shareholders was CAD9.4 million. In addition, a basic and diluted loss per common share of CAD0.05 was recorded.



Dividend

No dividend has been declared.



Prospects

The recently acquired Middle Orange River projects are expected to add to production of carats, with comparable size and quality to the company's past production. The Steinmetz/Rockwell joint venture for beneficiating 'special' diamonds has proved extremely successful. Rockwell expects that the gross dollar value percentages will greatly increase once further income has been accounted for after the sales of such polished diamonds. Further to this, Rockwell expects that our gross average dollar value per carat will increase by at least 5% once accounting for these post sales is completed. A plan to investigate which diamonds can be manufactured viably and professionally within the South African economic structure has been formulated and will be carried out in fiscal 2009.



Due the shortages of supply of rough diamonds to the international diamond industry it is very clear that the industry has become dominated by specialists. The rough diamond trader is no longer effective in purchasing the diamonds that have experienced major price increases; the latter diamonds are now purchased by manufacturers with specialized knowledge in sales of specific items. The company expects the diamond market to remain strong in fiscal 2009, particularly for diamonds in the plus five carats range.
23 May 2008 14:08:15
(Official Notice)
Shareholders are advised that the company's earnings per share and headline earnings per share for the nine month period ending 29 February 2008, to which the company has changed its financial year end, is expected to show a loss of 4.5 and 5.5 Canadian cents per share. Shareholders attention is drawn to the fact that the historical results published in the prelisting statement dated 29 November 2007 was for the 12 months ended 31 May 2007, which was the original financial year end of the company. The financial information on which this trading statement is based has not been reviewed or reported on by the company's auditors. The audited results for the financial year ended 29 February 2008 are expected to be published on or about 28 May 2008.
22 May 2008 14:44:16
(Official Notice)
Rockwell announced that it has made good progress with the recommissioning of existing diamond processing plants and start-up of mining operations at the Saxendrift alluvial diamond mine in South Africa.
23 Apr 2008 14:41:18
(Official Notice)
The company offered a total of 2 712.75 carats for sale, representing diamond production for the end of February and all of March 2008 from the Wouterspan, Holpan and Klipdam mining operations. Rockwell realized total revenue of USD4 527 307 for this sale, representing an average price of USD1 668 per carat. The operating costs for production during the period were approximately USD3.80 per tonne, a decrease from USD4.00 per tonne during the prior period. Rockwell receives 74% of the revenues from the sale of the diamonds from these operations.
16 Apr 2008 14:43:44
(Official Notice)
In early 2007, Rockwell and Trans Hex Group Ltd (Trans Hex), through its wholly owned subsidiary Trans Hex Operations (Pty) Ltd (THO), announced that the companies had entered into an agreement whereby Rockwell`s wholly owned South African subsidiary, Rockwell Resources RSA (Pty) Ltd (Rockwell RSA), would acquire two open pit alluvial diamond mines (Saxendrift and Niewejaarskraal) currently on care and maintenance, and three alluvial diamond exploration projects (Kwartelspan, Zwemkuil- Mooidraai, and Remhooget-Holsloot) referred to collectively as the Middle Orange River Operations (MORO) from Trans Hex.



Pursuant to the terms of the Transaction, Trans Hex would transfer all its relevant mineral rights and associated assets into a new special purpose vehicle (Saxendrift SPV) which Rockwell would acquire via Rockwell RSA. To complete the Transaction, Rockwell will pay Trans Hex approximately ZAR115.5 million in cash and interest, and assume liabilities for previous staff retrenchments of approximately ZAR4.7million for a total consideration of approximately ZAR120.2 million (CAD15.7 million).
15 Apr 2008 15:38:42
(Official Notice)
Rockwell has approved the adoption of a Shareholder Rights Plan Agreement (the "Rights Plan"). The Rights Plan has been adopted to ensure the fair treatment of all Rockwell shareholders in the eventuality of a possible take-over bid for the outstanding common shares of Rockwell. In the event that a takeover bid should occur the Rights Plan provides a mechanism to ensure that shareholders have adequate time to properly evaluate and assess a take-over bid without facing undue pressure or coercion. The Rights Plan also provides the board with additional time to consider any take-over bid and, if applicable, to explore alternative transactions in order to maximize shareholder value. As such, the Rights Plan is not designed to prevent take-over bids that treat Rockwell shareholders fairly.



Pursuant to the terms of the Rights Plan, any bid that meets certain criteria intended to protect the interests of all shareholders are deemed to be "permitted bids". A permitted bid must be made by way of a take-over bid circular prepared in compliance with applicable securities laws and, in addition to certain other conditions, must remain open for 60 days. In the event a take- over bid does not meet the permitted bid requirements of the Rights Plan, the rights issued under the plan will entitle shareholders, other than any shareholder or shareholders involved in the take-over bid, to purchase additional common shares of Rockwell at a significant discount to the market price of the common shares at that time. The Rights Plan will be presented for ratification by the shareholders at Rockwell's 2008 annual meeting. If ratified by shareholders, the Rights Plan will have a term of three years.
27 Mar 2008 14:32:11
(Official Notice)
Rockwell announced that it has taken ownership of 74% of H C Van Wyk Diamonds Ltd and Klipdam Diamond Mining Company Ltd (collectively referred to as "VWDG") effective 1 March 2008. Pursuant to an agreement originally announced in June 2006 with Durnpike Investments (Pty) Ltd, its listing on the Johannesburg Stock Exchange end November 2007, and the recent issue of Rockwell shares to H C Van Wyk, Rockwell has now assumed ownership of 74% of its underlying VWDG assets. The initial acquisition of VWDG in late 2006 was structured as a part cash (to earn a controlling 51%), and part share (to acquire an additional 23%) transaction, enabling Rockwell to achieve an overall interest of 74%. The balance, an effective 26% interest, is being acquired by its empowerment partner under the terms of the Minerals and Petroleum Resources Development Act.



Due to foreign exchange controls imposed by the South African Reserve Bank ("SARB"), the issue of shares to H C Van Wyk to finalize the acquisition of VWDG could only occur once Rockwell had completed its JSE inward listing. The terms of the original transaction structure involving the inward listing of Rockwell onto the JSE, the appropriate exchange agreement being concluded, and the concomitant issue of shares to H C Van Wyk according to TSX and JSE rules have now been fulfilled.
21 Feb 2008 16:08:04
(Official Notice)
Rockwell has received formal approval to list its common shares on the Toronto Stock Exchange ("TSX"). Effective 22 February 2008, the common shares of Rockwell will be listed for trading on the TSX under the symbol "RDI".
16-Oct-2015
(X)
Rockwell is engaged in the business of operating and developing alluvial diamond deposits, with a goal to become a mid tier diamond production company. Rockwell also has a development project and a pipeline of earlier stage properties with future development potential. The operations are based on a strategy of throughput processing and technology. Rockwell continuously strives to be the lowest cost producer in the industry.



The Company is known for producing large, high quality gemstones comprising a major portion of its diamond recoveries that is enhanced through a beneficiation joint venture that enables it to participate in the profits on the sale of the polished diamonds.



Rockwell also evaluates consolidation opportunities which have the potential to expand its mineral resources and production profile and to provide accretive value to the Company.



Rockwell?s common shares trade on the Toronto Stock Exchange and the JSE Ltd. under the symbol RDI.


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