Dominion Diamond Corporation has announced the formation of the board of directors of the special committee to study, examine and evaluate the range of possible strategic alternatives aimed at maximizing shareholder value. Members of the special committee appointed by Trudi Karran (Trudy Curran), Dzhim Govans (Jim Gowans), David Smith (David Smith) and Dzhozef Veyvoda (Josef Vejvoda).
The Special Committee, together with the company's management team and consultants will consider the alternatives, which may include the sale of the company or other strategic transactions.
"Given that the board remains confident in the long-term strategic plan of the company and the opportunities to increase shareholder value for all of their holders, we are ready to explore all strategic alternatives in the best interests of the company and its shareholders," - said Dzheyms Govans (James Gowans), Chairman of the Board Dominion directors. According to him, "the Commission is committed to maximizing shareholder value through a fair and open process, and we look forward to constructive cooperation with all parties."
The Board of Directors is not tired yl schedule for the process and not received at the moment of any decisions relating to strategic alternatives. It is not guaranteed that the study of strategic alternatives will result in any transaction or change in strategy.
Dominion Diamond dial Corporation owns a diamond mine Ekati (Ekati), it also owns 40% stake in the Diavik mine (Diavik). The Corporation provides the world market with a wide assortment of top quality rough diamonds through trade and sorting operations in Canada, Belgium and India.
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