Information  X 
Enter a valid email address

Firestone Diamonds (FDI)

  Print      Mail a friend

Tuesday 18 December, 2018

Firestone Diamonds

Update on Option Agreement for Botswana operations

RNS Number : 8729K
Firestone Diamonds PLC
18 December 2018

18 December 2018


Firestone Diamonds plc

("Firestone" or the "Company")


Update on the Option Agreement in respect of Botswana operations


Further to the announcement on 24 May 2017, Amulet Diamond Corporation ("Amulet") has today confirmed they are not exercising the option to acquire Firestone's wholly owned subsidiary Firestone Diamonds (Botswana) (PTY) Limited ("Firestone Botswana") and its 90 per cent. interest in Monak Ventures (PTY) Limited ("Monak") (together the "Botswana Companies"), which hold Firestone's interests in Botswana. The Company remains however in active discussions with Amulet on the sale of these Botswana Companies.

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").

For more information please visit or contact:


Firestone Diamonds plc

+44 (0)20 8741 7810

Paul Bosma

Grant Ferriman


Macquarie Capital (Europe) Limited (Nomad and Broker)

+44 (0)20 3037 2000

Nick Stamp

Nicholas Harland


Tavistock (Public and Investor Relations)

+44 (0)20 7920 3150

Jos Simson

Gareth Tredway

Annabel de Morgan


About Firestone

Firestone is an international diamond mining company with operations focused in Lesotho. Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho. Firestone commenced commercial production in July 2017 at the Liqhobong Diamond Mine in Lesotho.  Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letšeng Mine, Firestone's Liqhobong Mine, Namakwa Diamonds' Kao Mine and Lucapa's Mothae Mine.



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

a d v e r t i s e m e n t