TORONTO, June 24, 2011 /CNW/ - Arnold T. Kondrat announces that he has
acquired on the Toronto Stock Exchange an additional 984,500 common
shares (the "Purchased Shares") of BRC DiamondCore Ltd. (the "Company") at a price of Cdn$0.13 per share. The Purchased Shares represent
0.99% of the outstanding common shares of the Company. Taking into
account the acquisition of the Purchased Shares, Mr. Kondrat now owns
11,272,400 (or 11.34%) of the outstanding common shares of the
Company. He also holds 8,000,000 common share purchase warrants of the
Company and 450,000 stock options of the Company such that, assuming
the exercise of these warrants and stock options, he would hold on a
fully diluted basis, 19,722,400 (or 18.29%) of the outstanding common
shares of the Company.
Mr. Kondrat acquired the shares for investment purposes and may in the
future increase or decrease his ownership of securities of the Company
from time to time depending upon the business and prospects of the
Company and future market conditions.
Mr. Kondrat is a director of the Company. His address is Suite 7070, 1
First Canadian Place, 100 King Street West, Toronto, Ontario, M5X 1E3,
SOURCE BRC DiamondCore Ltd.
For further information:
Arnold T. Kondrat
Phone: (416) 366-2221
Fax: (416) 366-7722