Brazilian Diamonds Limited
TSX : BDY
AIM : BDY

Brazilian Diamonds Limited

February 26, 2009 13:57 ET

Brazilian Diamonds Limited: TSX Listing Review

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 26, 2009) - Brazilian Diamonds Limited (BDY) ("the Company") (TSX:BDY)(AIM:BDY) announces that it has been notified by the Toronto Stock Exchange ("TSX") that it is reviewing the eligibility for continued listing of the Company's shares on the TSX. The review is being conducted under the TSX's Remedial Review Process pursuant to which the Company has been given until June 26, 2009 to satisfy the TSX that it meets all TSX requirements for continued listing, failing which the Company's shares will be delisted as of July 26, 2009.

The Company is therefore considering its options in this regard, which include applying for a transfer of its listing to the TSX Venture Exchange or having its listing on the AIM market of the London Stock Exchange continue as the Company's sole market for its shares and anticipates a definitive decision on the Company's course of action being made well in advance of the TSX deadline.

Contact Information

  • Brazilian Diamonds Limited
    Kenneth P. Judge
    Chairman
    + 44-7733 001 002
    or
    Brazilian Diamonds Limited
    Stephen Fabian
    President & CEO
    + 55-31- 9186 4660
    or
    Brazilian Diamonds Limited
    Jon Bey
    Investor Relations
    1-866-689-2599
    Email: jbey@braziliandiamonds.com
    Website: www.braziliandiamonds.com
    or
    Hanson Westhouse Limited
    Tim Feather
    + 44 113 246 2610
    or
    Hanson Westhouse Limited
    Matthew Johnson
    + 44 113 246 2610