Last checked at 7 Dec 2009 15:50
7 December 2009 Karelian Diamond Resources Plc ("KDR" or the "Company") Result of annual general meeting
The Company announces that at the annual general meeting, held earlier today, all resolutions were duly passed.
The Company also announces that shares in Karelian Diamond Resources (AIM: KDR) commenced trading today on the Irish Enterprise Exchange (IEX), the Irish Stock Exchange's specialist market for smaller growth companies (IEX: KDR.I).
Deirdre Somers, Chief Executive of the Irish Stock Exchange, said:
"We are delighted to welcome Karelian Diamond Resources plc to IEX. It is encouraging to see Irish companies seeking opportunities to grow their businesses in these challenging economic times. The euro trading facility available from the Irish Stock Exchange will provide an opportunity for these companies to attract more euro based investors."
Chairman, Professor Richard Conroy said:
"Admission to IEX is a positive step for the Company. The addition of a euro quotation on IEX will facilitate trading in the shares from both Irish and international investors who choose to trade in euro. We expect to expand our investor base as a result of this move to IEX."
Further enquiries:
Karelian Diamond Resources Plc Professor Richard Conroy Tel: 00 353 1 661 8958 Merchant John East Securities Limited (Nominated Adviser) Simon Clements / Virginia Bull Tel: 00 44 20 7628 2200 City Capital Corporation Limited (Broker) Charles Dampney Tel: 00 44 20 3178 3399 IBI Corporate Finance Limited (IEX Adviser) John Tuite Tel: 00 353 1 637 7800 Lothbury Financial Limited Ron Marshman / Michael Padley Tel: 00 44 20 7011 9411
http://www.kareliandiamondresources.com
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