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Prospectus - Shares & Options

7 Feb 2006 07:00

Gravity Diamonds Limited07 February 2006 RELEASED ON BEHALF OF: GRAVITY DIAMONDS LIMITED (ASX & AIM : GRN) 7 February 2006 PROSPECTUS FOR ISSUE OF SHARES AND OPTIONS On 31 January 2006 the company lodged a prospectus for the issue of up to8,382,362 new options ("Prospectus") with both the ASX and Australian Securities& Investments Commission. The Prospectus was issued in order to facilitate a placement to institutionalinvestors of the shortfall of shares and options under the company's recentrights issue which closed on 10 January 2006 ("Shortfall"). The company has decided to retain the flexibility to offer and issue theShortfall to retail investors in Australia. This is not possible under the termsof the Prospectus. Accordingly, the company wishes to advise that the Prospectus has now formallybeen withdrawn. Instead a new prospectus, which will enable the offer of all of the shares andoptions the subject of the Shortfall, was lodged on 7 February 2006 and asubsequent Appendix 3B will also be lodged to reflect the changed circumstances. Further Information: Phil Harman, Managing Director, Gravity Diamonds Ltd. Tel: 00-61-3-9909-7655 Elisa Bartlett, Assistant to the Managing Director, Gravity Diamonds Ltd. Tel: 00-61-3-9909-7655 Ron Marshman/John Greenhalgh, City of London PR Ltd. Tel: 020-7628-5518 Paste the following link into your web browser to download the PDF document related to this announcement: http://www.rns-pdf.londonstockexchange.com/rns/0164y_-2006-2-7.pdf This information is provided by RNS The company news service from the London Stock Exchange
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