VANCOUVER, Jan. 18 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the
"Company") (TSXV: RDI; JSE: RDI; OTCBB: RDIAF) announces that it will
file amended unaudited quarterly financial statements and Management
Discussion and Analysis for the three and nine months ending November
The reason for the amendment is to eliminate contract mining fees of
$5.3 million previously included in both the Company's revenue and cost
of sales. Rockwell's revenue for the three-month period is
approximately $11.1 million and cost of sales is approximately $5.9
million; for the nine-month period its revenue is approximately $31
million and cost of sales is approximately $17.7 million. Since both
revenue and cost of sales have been reversed, there has been no change
in Company's bottom line loss reported for either period.
No regulatory authority has approved or disapproved the information
contained in this news release.
SOURCE Rockwell Diamonds Inc.
For further information:
For further information on Rockwell and its operations in South Africa, please contact:
Stéphanie Leclercq, Tielle Communications:
Landline: +27 (0)11 884 9681
Mobile: +27 (0)83 307 7587