Do­min­ion Diamond com­ments on me­dia ru­mours

Stockwatch Daily - - MINES & METALS - Ms. Jac­que­line Al­li­son re­ports

DO­MIN­ION DIAMOND Corp. has com­mented on re­cent me­dia ru­mours re­lated to the com­pany’s re­view of strate­gic al­ter­na­tives.

On March 27, 2017, Do­min­ion an­nounced that its board of di­rec­tors had formed a spe­cial com­mit­tee to ex­plore, re­view and eval­u­ate a range of po­ten­tial strate­gic al­ter­na­tives fo­cused on max­i­miz­ing share­holder value. The spe­cial com­mit­tee, work­ing to­gether with the com­pany’s man­age­ment team and ad­vis­ers, is con­sid­er­ing al­ter­na­tives that could in­clude the sale of the com­pany. As pre­vi­ously dis­closed, in­ter­ested par­ties, in­clud­ing Washington Cor­po­ra­tions, have ex­e­cuted con­fi­den­tial­ity agree­ments with the com­pany.

The com­pany has not made any de­ci­sions re­lated to strate­gic al­ter­na­tives at this time, and there can be no as­sur­ance that the ex­plo­ration of strate­gic al­ter­na­tives will re­sult in any trans­ac­tion or change in strat­egy.

About Do­min­ion Diamond Corp.

Do­min­ion Diamond op­er­ates the Ekati diamond mine, in which it owns a con­trol­ling in­ter­est, and owns 40 per cent of the Di­avik diamond mine, both of which are lo­cated in the low-po­lit­i­cal-risk en­vi­ron­ment of the North­west Ter­ri­to­ries in Canada. It also has world-class sort­ing and sell­ing op­er­a­tions in Canada, Bel­gium and In­dia.

Thomas A An­druske­vich, Gra­ham G Clow, Trudy Marie Cur­ran, Tim Dab­son, James Kitchener Gowans, David Ste­wart Smith, Chuck Strahl, Josef Ve­jvoda

(DDC) Shares: 80,574,557

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