Sign up United Kingdom
Stellar Diamonds PLC (LON:STEL)

Stellar Diamonds PLC (LON:STEL)

Share Price
$ 0.00
0 (0.00 %)
Market Cap
$0.00 m
Proactive Investors - Run By Investors For Investors

Stellar Diamonds PLC RNS Release

Notice of AGM

RNS Number : 3278H
Stellar Diamonds PLC
12 March 2018









12 March 2018




Stellar Diamonds plc

("Stellar" or the "Company")

Notice of AGM


Stellar Diamonds plc, the London quoted diamond exploration and development company focused on West Africa, announces that its Annual General Meeting ("AGM") will be held at the offices of its broker Peterhouse Corporate Finance Limited, 3rd Floor, New Liverpool House, 15 Eldon Street, London, EC2M 7LD on 29 March 2018 at 10:00a.m. on Thursday 29 March 2018. A circular containing notice of the AGM has been posted to those shareholders who require communication by post today and will also be made available shortly on the Company's website:


For further information contact the following or visit the Company's website at

Karl Smithson, CEO

Stellar Diamonds plc

Tel: +44 (0) 20 7010 7686


Sandy Jamieson,

Liam Murray

Cairn Financial Advisers (Nominated Adviser)

Tel: +44 (0) 20 7213 0880

Martin Lampshire


Peterhouse Corporate Finance (Broker)

Tel: +44 (0) 20 7469 0930

Tim Blythe

Nick Elwes


(Financial PR)

Tel: +44 (0) 20 7138 3204


This announcement has been arranged for release by Karl Smithson, Chief Executive Officer of the Company.


About Stellar Diamonds plc

Stellar is an AIM listed (AIM: STEL) diamond development company focused on the 4.5 million carat high-grade and high value Tongo-Tonguma kimberlite diamond project in the world famous diamond fields of eastern Sierra Leone. An independently generated mine plan, based on over 66,000m of drilling that has been completed to date, envisages the production of over 4 million carats, generating gross revenues of more than US$1.2 billion, over a 21-year life of mine. Initial production at Tongo-Tonguma is scheduled to occur in the first year of development, building up to over 200,000 carats per annum, with a weighted average modelled diamond value of $229 per carat. The Tongo-Tonguma mine is currently estimated to give Stellar an attributable a Post-tax NPV(8) of US$112 million and IRR of 31%. 

** ENDS **

This information is provided by RNS
The company news service from the London Stock Exchange

Stellar Diamonds PLC Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use