Cancellation of admission to trading on ESM

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon publication of this announcement, this inside information is now considered to be in the public domain.

10 October 2017

Karelian Diamond Resources plc
(“Karelian” or “the Company”)

Cancellation of admission to trading on the ESM

Karelian Diamond Resources plc (“Karelian”) (AIM: KDR, ESM: KDRI), the diamond exploration company focused on Finland, announces that it is to cancel the admission of its ordinary shares to trading on the ESM on 6 November 2017. 

The Company’s ordinary shares will continue to be admitted to trading on AIM.

The Company has consulted with the Irish Stock Exchange and, as the ordinary shares will remain admitted to trading on AIM, shareholder approval for the cancellation is not required.

Further Information:

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc	Tel: [phone]
Virginia Bull / James Thomas / Nick Harriss, Allenby Capital Limited (Nomad)	Tel: [phone]
Ger Heffernan / Jan Fitzell, IBI Corporate Finance Limited (ESM Adviser)	Tel: [phone]
Jon Belliss / Elliot Hance, Beaufort Securities Limited (Broker)	Tel: [phone]
Michael Padley, Lothbury Financial Services Limited	Tel: [phone]
Don Hall, Hall Communications	Tel: [phone]

www.kareliandiamondresources.com