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BRC DiamondCore Ltd. (the “Company”) - An application has been granted for the original listing in the Mining category of 31,740,766 common shares of the Company, of which 25,742,182 common shares are issued and outstanding and 5,998,584 common shares are reserved for issuance.
The common shares of the Company will be listed and posted for trading at the opening on Monday, February 11, 2008.
The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
Stock Symbol: “BCD”
CUSIP: 05565C 10 9
Trading Currency: CDN
Designated Market Maker: Macquarie Capital Markets Canada Ltd.
Other Markets: The common shares of the Company have been listed for trading on TSX Venture Exchange (“TSXVN”) under name BRC Diamond Corporation (“BRC Diamond”) (and previously, BRC Development Corporation) and stock symbol: BRC since October 2, 2000. As a result of a scheme of arrangement (the “Arrangement”), BRC Diamond will acquire on February 11, 2008 all of the outstanding shares of Diamond Core Resources Limited (“Diamond Core”) in exchange for the issuance of one common share of BRC Diamond for every 24.5 Diamond Core ordinary shares held. Pursuant to the Arrangement, BRC Diamond will change its name to BRC DiamondCore Ltd. and will be listed for trading on JSE Limited in Johannesburg, South Africa under the Symbol: BCD. The common shares of BRC Diamond will be delisted from TSXVN on February 11, 2008 upon commencement of trading of the common shares on TSX and will trade under the new name and new stock symbol “BCD”.
Head Office Address:
1 First Canadian Place
Suite 7070
100 King Street West
Toronto, Ontario M5X 1E3
Email Address: info@brc-diamondcore.com
Website: www.brc-diamondcore.com
Head Office Telephone Number: (416) 366-2221
Fax Number: (416) 366-7722
Toll Free Number: 1-800-714-7938
Investors Relations: Martin D. Jones
Vice President, Corporate Development
Tel: (416) 366-2221 or 1-800-714-7938
Email: mjones@brc-diamondcore.com
Chief Financial Officer: Craig I. Campbell
Corporate Secretary: Geoffrey G. Farr
Incorporation: The Company was incorporated under the Ontario Business Corporations Act on August 7, 1990 by articles of incorporation. The Company's name was changed from 906986 Ontario Inc. to BRC Development Corporation pursuant to articles of amendment effective December 16, 1997. By articles of continuance effective on August 11, 2004, the Company was continued under the Canada Business Corporations Act and its name was changed to BRC Diamond Corporation. The name of the Company will be changed to BRC DiamondCore Ltd. pursuant to articles of amendment effective February 10, 2008.
Fiscal Year End: December 31
Nature of Business: The Company is a diamond exploration company focused on a number of kimberlite and alluvial projects both in the Democratic Republic of the Congo and South Africa.
Transfer Agent & Registrar: Equity Transfer & Trust Company at its principal office in Toronto.
Dividends: The Company has not paid any dividend or made any other distribution in respect of its outstanding shares and management does not anticipate that the Company will pay dividends or make any other distribution in respect on its shares in the foreseeable future. The Company’s board of directors, from time to time, on the basis of earnings and the Company’s financial requirements or any other relevant factor, will determine in the future dividend policy of the Company with respect to its shares.
