Rockwell to Terminate U.S. Share Registration

(IDEX Online News) – Rockwell Diamonds Inc. on Friday announced its intention to file a Form 15F with the United States Securities and Exchange Commission, and thereby voluntarily terminate the registration of its common shares.

The company expects that termination of the registration of its common shares will become effective 90 days after filing of the form.

Rockwell said its board of directors considered many factors in making this decision, including the low liquidity of the stock on the OTC Bulletin Board, the cost associated with preparing and filing periodic reports and the demands placed on management to comply with SEC reporting obligations.

The diamond miner will maintain its primary listing on the Toronto Stock Exchange (TSX: RDI) and its secondary inward listing on the JSE Limited (JSE:RDI).