Date Posted: 2010-02-15 11:29 New Issue: West African Diamonds plc (to be re-named Stellar Diamonds plc) A diamond exploration, development and production company with assets in Guinea and Sierra Leone. The key short term strategy will be to focus on production and cash flow from its Bomboko and Mandala projects in Guinea. The longer term strategy will involve the development of its advanced high-grade kimberlite exploration projects at Tongo and Kono (in Sierra Leone) and Droujba and Bouro (in Guinea). The admission is a result of a reverse take-over under Rule 14.
Listing exchange: AIM
Expected first day of trading: 2010-02-22
Expected money raised: £5m Any information, prospectus or other document, or any hypertext link to any of the aforesaid should not be construed as advice on investments or a personal recommendation by ALL IPO plc and is being offered on an execution-only basis. Any decision to invest should be made only after careful consideration of the relevant documentation and particularly after acceptance of the full terms and conditions relating to the specific investment opportunity. Share prices, values and income can go down as well as up and you may get back less than the amount you invested. If in doubt about the suitability of investments referred to in this communication and on our website, you should consult an investment adviser authorised under the Financial Services and Markets Act 2000. | 