Rockwell Diamonds Inc.
TSX VENTURE : RDI
OTC Bulletin Board : RDIAF
JSE : RDI

Rockwell Diamonds Inc.

February 21, 2008 09:02 ET

Rockwell Secures Listing on the Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2008) - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX VENTURE:RDI)(OTCBB:RDIAF)(JSE:RDI) has received formal approval to list its common shares on the Toronto Stock Exchange ("TSX"). Effective February 22, 2008, the common shares of Rockwell will be listed for trading on the TSX under the symbol "RDI". Rockwell's shares also trade on the Johannesburg Stock Exchange under the symbol "RDI".

President and CEO John Bristow said: "The Management and Board of Directors of Rockwell are pleased to have secured a listing on the Toronto Stock Exchange; this will increase the Company's exposure and is another step in our corporate development strategy."

Rockwell's goal is to become a mid-tier diamond mining and development company with growth potential and leverage to high value gemstones. The Company currently has three alluvial diamond operations in South Africa, and is focused on adding value to existing operations by seeking and acquiring advanced stage projects.

For further details on Rockwell and its diamond properties, please visit the Company's website at www.rockwelldiamonds.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

John Bristow, President and CEO

Forward Looking Statements

This release includes certain statements that may be deemed "forward-looking statements". Other than statements of historical fact all statements in this release that address future production, reserve or resource potential, exploration drilling, exploitation activities and events or developments that each Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, availability of capital and financing, geopolitical uncertainty and political and economic instability, and general economic, and market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Rockwell, Investors should review Rockwell's annual Form 20-F filing with the United States Securities and Exchange Commission www.sec.com and the Company's home jurisdiction filings that are available at www.sedar.com.

No regulatory authority has approved or disapproved the information contained in this news release. The TSX does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rockwell Diamonds Inc.
    Susie Bell
    Investor Services
    (604) 684-6365 or Toll Free: 1-800-667-2114
    (604) 684-8092 (FAX)
    Website: www.rockwelldiamonds.com