TORONTO, Feb. 4, 2013 /CNW/ - Harry Winston Diamond Corporation (TSX:
HW, NYSE: HWD) ("Harry Winston") reports that it has been served with a
formal Notice of Discontinuance of the court action brought by C. Fipke
Holdings Ltd against BHP Billiton Canada Ltd, Harry Winston, Stuart
Blusson, Archon Minerals and various associated companies. The court
action related to Harry Winston's proposed purchase of BHP Billiton's
interests in the Ekati diamond mine. Harry Winston has been advised by
BHP Billiton that all of its joint venture partners have agreed to
waive their rights of first refusal in respect of the sale by BHP
Billiton to Harry Winston pursuant to their existing purchase
agreements. The discontinuance of the action and waivers of the rights
of first refusal permit the transactions between Harry Winston and BHP
Billiton to proceed, subject to satisfaction of closing conditions,
including regulatory approvals.
About Harry Winston Diamond Corporation
Harry Winston Diamond Corporation is a diamond enterprise with premium
assets in the mining and retailing segments of the diamond industry.
Harry Winston supplies rough diamonds to the global market from its 40
percent ownership interest in the Diavik Diamond Mine. The Company's
luxury brand segment is a premier diamond jeweler and luxury timepiece
retailer with salons in key locations, including New York, Paris,
London, Beijing, Tokyo, Hong Kong and Beverly Hills.
For more information, please visit www.harrywinston.com. or for investor information, visit http://investor.harrywinston.com.
SOURCE: Harry Winston Diamond Corporation
For further information:
Mr. Richard Chetwode, Vice President, Corporate Development - +44 (0) 7720970762
Ms. Kelley Stamm, Manager, Investor Relations - (416) 205-4380 or