As stated in Gem Diamonds, a former employee of the company took the 8968 options delegated to it in the framework of long-term incentive plan in 2007.
An unnamed former employee is no longer owned by ordinary shares in the company after the sale.
"As a result of the use of stock options, the total number of ordinary shares of the company will amount to 138,321,884 at a price of $ 0.01 per share, with each share will provide a shareholder entitled to vote," - noted in a statement.
Gem Diamonds holds a 70 percent stake in the mine Letseng (Letšeng) in Lesotho and 100% of the shares Ghaghu (Ghaghoo) in Botswana.
Letseng Mine is known for its large white color and the highest quality diamonds. The average cost per carat of diamonds from the project - the highest in the world.
Gem Diamonds strategy is to expand operations at Letšeng and beginning production at Ghaghu, as well as maintaining a strong balance sheet.
http://traditionpearlnecklace.blogspot.ca/
1 comment:
Council of Nunavut on the impact on the environment (Nunavut Impact Review Board, NIRB) rejected the proposed draft of exploration diamond mine Kaun (Kahuna), recommending to modify or revoke the portal cbc.ca. notes
NIRB decided that in its current project on exploration and sampling format Dunnedin Venture Inc. would cause significant public concern and, most likely, would negatively impact on the environment, and, in addition, it could cause social and economic problems. A number of indigenous organizations said that they are not sufficiently informed about the company's offerings.
To date, the province has developed three exploration projects. However, the previous two drafts diamond fields, one of which - Churchill (Churchill) of Shear Diamonds - were canceled even before the start of the stripping activity.
The mayor of the community of the bay Chesterfield and chairman of the local hunters Aggark Barney said that the local Inuit were not against mining but want their views taken into account.
He added that if Nunavut were too many projects, and they might not work anymore Inuit, the development of exploration projects stop would benefit the region, as it would allow to provide employment for a longer period.
Post a Comment