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Voluntary Suspension Of The Company’s Listing On The JSE Limited
ROCKWELL DIAMONDS INCORPORATED
(A company incorporated in accordance with the laws of British
Columbia, Canada)
(Incorporation number BCO354545)
(Formerly Rockwell Ventures Inc.)
(South African Registration number 2007/031582/10)
Share Code on the JSE Limited: RDI
ISIN: CA77434W2022
Share code on the TSXV: RDI
CUSIP Number: 7743W103
(“the Company”)
VOLUNTARY SUSPENSION OF THE COMPANY’S LISTING ON THE JSE LIMITED
(“JSE”)
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
4 April 2017
Date: 04/04/2017 04:30:00 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
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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.
