Central Kimberley Diamonds Ltd.
Australian Central Kimberley Diamonds closes capital increase successfully to invest in further projects
Central Kimberley Diamonds Ltd. / Capital Increase/Capital Increase Corporate news transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- West Perth, January 23, 2007 – Central Kimberley Diamonds Ltd announces that the capital increase consented by the management board on January 23 was successfully placed with effect of today. By means of a private placement 20 million new shares were placed with institutional investors. Therefore the total number of issued shares amounts now to 62.1 million. Beforehand the company had also placed 10 million new shares by means of another private placement. Central Kimberley Diamonds was founded in 2002 by James Lehman. Core business of the company is the excavation of diamonds in the South African Kimberleys. The excavation area around the Riet River in the Kimberleys is world widely known for its high deposit of diamonds. In this area Central Kimberley Diamonds has secured important excavation sites in the last three years and owns a long-term excavation licence. Central Kimberley Diamonds has three alluvial diamond projects currently in its portfolio. With the new capital inflow the company is able to extend intensively their infrastructure and technologies in the Kimberley area and to continue successfully the project development. Besides 'Postburg' and 'Middlewater', where the drilling phase is now initialised, the company will focus its further activities on their flagship project – the Plooysburg project. The company will soon announce further information about measures and project details. Please find all information about Central Kimberley Diamonds on our website: www.centralkimberleydiamonds.com For further information please contact: Corporate Communications Central Kimberley Diamonds esVedra consulting GmbH t: +49 89 21 11 28 21 f: +49 89 21 11 28 28 m: +49 172 8 21 43 28 info@esvedra-consulting.com DGAP 23.01.2007 ----------------------------------------------------------------------
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