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KCM - Kimberley Consolidated Mining Limited - 27 Carat Pink Diamond

Release Date: 03/11/2010 11:20
Code(s): KCM
Wrap Text

KCM - Kimberley Consolidated Mining Limited - 27 Carat Pink Diamond KIMBERLEY CONSOLIDATED MINING LIMITED Incorporated in the Republic of South Africa (Registration number 2007/010470/06) Share code: KCM ISIN: ZAE000119996 ("KCM" or "the company") 27 Carat Pink Diamond In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of KCM hereby notifies its shareholders that the subcontractor working on its Bo Karoo mining site recovered a 27 carat light pink diamond yesterday. After the cleaning process the diamond will be placed on tender. In terms of the subcontractors agreement KCM will receive a royalty of 15% of the gross selling price of the diamond. Kimberley 3 November 2010 Date: 03/11/2010 11:20:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.