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BRC DiamondCore Appoints Maurice Colson to Board of Directors
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BRC DiamondCore and Rio Tinto Enter into Agreement for Exploration of Iron Ore in Northern DR Congo
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BRC DiamondCore Closes Financing and Debt Settlements
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| November 17, 2009 BRC DiamondCore Reports Third Quarter 2009 Results | |
Toronto, Canada -- November 17, 2009 -- BRC DiamondCore Ltd. (the "Company") (TSX -- "BCD"; JSE -- "BCD") reported a net loss of Cdn$4,879,000 for the three month period ended September 30, 2009 (compared to a net loss of Cdn$7,498,000 for the three month period ended September 30, 2008). The Company's net loss for the third quarter of 2009 included a Cdn$3,143,000 loss from discontinued operations relating to the disposal of the Company's South African operations. The Company's unaudited interim consolidated financial statements as at and for the three and nine month periods ended September 30, 2009 and the related management's discussion and analysis have been filed on SEDAR at www.sedar.com. BRC DiamondCore Ltd. is an African-focused diamond explorer with projects in the Democratic Republic of the Congo. Led by a management team with extensive experience in diamond exploration and mine development, the Company works in a systematic and responsible manner to discover, assess and develop diamond resources for the benefit of its shareholders and local stakeholders. For further information, please visit our website, www.brc-diamondcore.com, or contact: In Toronto: Martin D. Jones, Vice President, Corporate Development, (416) 366-2221 or 1-800-714-7938. In Johannesburg: Brian P. Scallan, Vice President, Finance, +27 11 9582885. | |
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