KDL 0.00% 0.8¢ kimberley diamonds ltd

News: KDL Kimberley Diamonds says Capital Diamonds Botswana defaults offtake agreement with Lerala

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    Nov 1 (Reuters) - Kimberley Diamonds Ltd (KDL)

    • Kimberley diamonds - Lerala now intends to sell defaulted first parcel through upcoming DDA tender
    • Kimberley diamonds- Lerala Diamond Mines Ltd,unit of Kimberley Diamonds Ltd had entered into offtake sales agreement with Alpha Capital Pty Ltd trading
    • Kimberley Diamonds - Lerala also intends to commence legal action against capital diamonds for damages and false representations
    • Capital Diamonds Botswana defaults offtake agreement with Lerala Diamond Mines Limited
    • Kimberley Diamonds - Capital Diamonds has failed to make payment for first parcel of diamonds it had agreed to acquire under offtake agreement
 
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