Dominion Diamond comments on recent media rumours
14 July 2017
Dominion Diamond Corporation today commented on recent media rumours related to the company’s review of strategic alternatives.
On March 27, 2017, Dominion announced that its board of directors had formed a special committee to explore, review, and evaluate a range of potential strategic alternatives focused on maximizing shareholder value. The special committee, working together with the company’s management team and advisors, is considering alternatives that could include the sale of the company. As previously disclosed, interested parties, including Washington Corporations, have executed confidentiality agreements with the company. The company has not made any decisions related to strategic alternatives at this time and there can be no assurance that the exploration of strategic alternatives will result in any transaction or change in strategy.