REG - Botswana Diamonds - Annual Results for the Year Ended 30 June 2025

Botswana DiamondsAnnouncement

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RNS Number : 2728L  Botswana Diamonds PLC  12 December 2025

 

12 December 2025

 

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Annual Results for the Year Ended 30 June 2025

Notice of Annual General Meeting

 

 

Botswana Diamonds plc (AIM: BOD) today announces its audited annual results
for the year ended 30 June 2025.

 

Chairman's Statement

 

I am pleased to present the Chairman's Statement for the year ended 30(th)
June 2025. This has been a very difficult year for the diamond industry but a
year of significant progress for Botswana Diamonds plc ("BOD" or "the
Company"), characterised by strategic expansion, the adoption of advanced
technologies, and the strengthening of our asset base across both diamond and
critical metal exploration. We enter the next phase of our development with
renewed confidence, a broader portfolio, and a roadmap for value creation.

Market Overview

The Global diamond industry experienced another challenging year,
characterised by muted consumer spending and continued uncertainty in several
major markets. Demand in China remained soft, while the United States, the
world's largest consumer market, saw slower jewellery sales due to
inflationary pressures and broader economic caution.

The situation was exacerbated by growing supply of lab-grown diamonds (LGDs),
which continued to compress prices in the lower-to-mid-value segments of the
natural diamond market. However, the negative effects were most pronounced in
categories where volume outweighs rarity. Importantly, BOD's exploration
portfolio is aimed at higher-value stones, where natural diamonds retain
strong consumer preference and pricing resilience.

During the year:

·    Indian polishing activity slowed significantly due to elevated
inventories and softer U.S. demand.

·    Later in the year, manufacturing activity picked up as inventory
levels normalised, contributing to improved sentiment.

·    Several major producers introduced temporary production cuts and
sales pauses, which helped reduce surplus stocked and stabilised prices.

·    The pre-Valentine's Day sales cycle exhibited signs of renewed
momentum as cutters and polished restarted operations.

 

While global diamond demand remains uneven, the longer-term supply
fundamentals remain favourable. Many alluvial and small-scale operations
worldwide are uneconomic, reducing natural supply. Major producers are
approaching peak output from existing mines and new large-scale kimberlite
mines are few.

These dynamics underpin BOD's strategy of focusing on value over volume and
investing in geologically robust, high-potential assets in stable mining
jurisdictions.

 

A Year of Strategic Transformation

In 2025, we made a significant shift in our strategic positioning as a mining
company. For over two decades, Botswana Diamonds has been known for its
disciplined, technically focused diamond exploration across Southern Africa.

While diamonds remain central to our identity and core strengths, we have
responded to fundamental changes in the diamond market by diversifying into
critical minerals, particularly copper.

This evolution arises not from abandoning our roots, but from leveraging them.
Botswana remains underexplored for many commodities, despite its exceptional
mining code, political stability, and extensive geological database. Our
longstanding presence, coupled with deep operational expertise and proprietary
knowledge, positions us uniquely to capitalise on these emerging
opportunities.

The diversification effort is not speculative. It is built on robust data,
rigorous analysis, and the integration of artificial intelligence ("AI"),
which has allowed us to extract new value from over twenty years of
accumulated geoscientific data.

We also believe that we are aligned with government policy in terms of both
continuing diamond exploration while diversifying into alternative potential
mineral resources for the benefit of Botswana's future economic prosperity.

Harnessing Artificial Intelligence to Drive Discovery

The Company's strategic collaboration with Planetary AI Ltd was one of the
defining initiatives of the year. Our objective was simple but ambitious: to
use advanced semantic AI to evaluate the vast, disparate mining related data
collected over decades, and to identify previously overlooked mineralisation
potential across Botswana.

The results were exceptional:

·     AI identified seven entirely new kimberlite targets in areas that
had not previously been considered prospective.

·     Eleven high-quality critical metal targets were generated,
particularly copper, but including nickel, PGMs, zinc-silver, and gold
prospects.

·     The platform integrated more than 375,000 km of airborne
geophysics, 228,000 soil samples, 32,000 drill logs, and extensive open-source
datasets.

·     Over 57 mineral deposit models were applied to generate
high-resolution prospective areas.

This is one of the most advanced applications of AI in mineral exploration
undertaken in Botswana and positions BOD among the industry's early adopters
of data-driven exploration at scale. The initiative has opened new frontiers,
accelerated our targeting pipeline, and derisked the early stages of
exploration.

It also sends a powerful message about the future of the Company:

Botswana Diamonds is becoming a modern exploration business-leveraging
technology, innovation, and decades of knowledge to unlock new value.

 

Expansion into Critical Minerals

Following the AI programme, we submitted eight Prospecting Licence (PL)
applications across Botswana covering 6,550 km², targeting:

·     Predominantly, copper, but also,

·     Nickel, PGMs, lead-zinc-silver and gold.

These applications were prompted by the identification of multiple mineralised
corridors, several of which show geological similarities to known prospective
areas in neighbouring countries. Botswana has seen limited exploration for
many of these commodities, offering first-mover advantage and a low-cost entry
point for value creation.

We are hopeful of obtaining these licences, after which fieldwork will begin
immediately. We have initiated discussions with potential partners who
recognise the strategic importance of the portfolio.

New Kimberlite Discoveries

The initial AI analysis identified multiple new kimberlite anomalies that had
never before been recorded. Four new diamond PLs were granted over
high-priority targets, including the exceptionally promising Jwaneng
South-West zone, where historical samples included abraded diamonds-an
indicator of potential high-value sources nearby.

These new licences reflect not only the strength of our targeting but also the
enduring geological potential of Botswana's diamond fields.

Legacy Projects: Preserved and Enhanced

Our legacy Botswana diamond assets remain a cornerstone of future value:

·     KX36: A high-quality, SAMREC-compliant kimberlite resource of 12-13
million carats, with new AI targets identified nearby.

·     Maibwe: Licence renewals in process, ownership increased, and new
potential identified for future work.

·     Data archives: Modernised into an AI-ready, integrated, digital
resource.

We enter the coming year with one of the most robust, data-rich diamond
exploration portfolios in Botswana.

 

Our South African portfolio delivered an important milestone: the granting of
the first Mining Permit at Thorny River.

Thorny River is an asset of considerable potential. Independent assessments
indicate that a viable small open pit is achievable, and mining could generate
early cash flow to support the wider business. We await the granting of the
second permit, which will enable the full development plan to progress. The
current weakened state of the diamond industry will delay commercial
production.

Elsewhere in South Africa:

·     Marsfontein demonstrated strong potential, supported by
historically exceptional grades and favourable near-surface geology.

·     Reivilo provides an attractive kimberlite cluster opportunity,
secured via a Data Licence Agreement with minimal capital exposure.

These projects complement our Botswana pipeline and provide optionality and
diversification potential.

Financial Prudence and Capital Discipline

Botswana Diamonds has always operated with disciplined financial management,
and this year was no exception. We expanded our exploration footprint and
embraced cutting-edge technology while maintaining modest overheads and
directing funds to areas of highest strategic value.

The Board recognises that prudent capital allocation is essential in
exploration, particularly during periods of market volatility. Our approach
ensures that the Company remains agile, resilient, and capable of advancing
when opportunities emerge.

Outlook: A Pipeline for the Future

The Company enters the new financial year with momentum and clear strategic
direction.

·     Our diamond portfolio-anchored by KX36, Maibwe, Thorny River, and
newly discovered kimberlite targets-is stronger than ever.

·     Our critical minerals applications give us potential exposure to
commodities essential to global decarbonisation.

·     Our AI-assisted exploration model provides a competitive advantage,
improving success probability and reducing cost.

·     Our two-decade presence in Botswana and South Africa remains a key
advantage in terms of political stability, regulatory transparency, and
geological potential.

We believe that the work completed this year lays the foundation for
significant value creation in the medium term. Early-stage exploration is
inherently uncertain, but the breadth and quality of our pipeline provide
multiple pathways to success.

On behalf of the Board, I extend sincere thanks to our management team,
employees, and technical partners. Their expertise and commitment have been
vital to a year of substantial progress. I also thank our shareholders for
their continued support, patience, and belief in our long-term strategy.

We look forward to the future with optimism, purpose, and determination.

 

John Teeling

Chairman

11 December 2025

 

 

Annual Report and Notice of Annual General Meeting

 

The Company's Annual Report and Accounts for the year ended 30 June 2025 (the
"Annual Report") will be mailed shortly only to those shareholders who have
elected to receive it. Otherwise, shareholders will be notified that the
Annual Report and Accounts will be available on the website at
www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk) .  Copies of
The Annual Report will also be available for collection from the company's
registered office at 124 City Road, London, EC1V 2NX, United Kingdom.

 

The Annual General Meeting ("AGM") is due to be held at Canal Court Hotel,
Merchants Quay, Newry, BT35 8HF, United Kingdom on 29(th) January 2026 at
11.00 am.  A Notice of the AGM will be included in the Annual Report.

 

 

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. The person who arranged for the release of this announcement on
behalf of the Company was John Teeling, Director.

 

A copy of this announcement is available on the Company's website,
at www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk/)

 

Enquiries:

 

 Botswana Diamonds PLC

John Teeling, Chairman

                                   +353 1 833 2833
 James Campbell, Managing Director

                                   +27 83 457 3724
 Jim Finn, Director

                                   +353 1 833 2833

 Nominated & Financial Adviser       +44 (0) 20 7409 3494

 Strand Hanson Limited

 Ritchie Balmer

 Rory Murphy

 David Asquith

 Broker                              +44 (0) 207 374 2212

 First Equity Limited

Jason Robertson

 Public Relations                    +44 (0) 207 138 3206

 BlytheRay                           +44 (0) 207 138 3553

Megan Ray

 Said Izagaren                       +44 (0) 207 138 3206

 Teneo

 Luke Hogg                           +353 (0) 1 661 4055

 Ciara McNamee

 Molly Mooney

 

www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk)

 

 

 

 

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 JUNE 2025

 

 

 

                                                                2025         2024
                                                                £            £

 REVENUE
 Royalties                                                      -            23,606
 Operating Expenses                                             -            (9,796)
 Operating Profit                                               -            13,810

 Administrative expenses                                        (455,413)    (577,916)

 Impairment of exploration and evaluation assets                (557,937)    -

 OPERATING LOSS                                                 (1,013,350)  (564,106)

 LOSS FOR THE YEAR BEFORE TAXATION                              (1,013,350)  (564,106)

 Income tax expense                                             -            -
 LOSS AFTER TAXATION                                            (1,013,350)  (564,106)

 Other Comprehensive Income

 Items that may be reclassified subsequently to profit or loss

 Exchange difference on translation of foreign operations       18,768       3,132

 TOTAL COMPREHENSIVE INCOME FOR THE YEAR                        (994,582)    (560,974)

 Loss per share - basic                                         (0.09p)      (0.05p)

 Loss per share - diluted                                       (0.09p)      (0.05p)

 

 

 

 

 

CONSOLIDATED BALANCE SHEET AS AT 30 JUNE 2025

 

 

 

                                            30 June 2025  30 June 2024
                                            £             £
 ASSETS:

 NON CURRENT ASSETS

 Intangible assets                          5,021,436     5,512,127
 Plant and equipment                        207,640       207,640
                                            5,229,076     5,719,767
 CURRENT ASSETS

 Other receivables                          269,183       276,132
 Cash and cash equivalents                  59,091        77,546
                                            328,274       353,678
 TOTAL ASSETS                               5,557,350     6,073,445

 LIABILITIES:

 CURRENT LIABILITIES

 Trade and other payables                   (1,170,552)   (937,731)
 TOTAL LIABILITIES                          (1,170,552)   (937,731)
 NET ASSETS                                 4,386,798     5,135,714

 EQUITY

 Called-up share capital - deferred shares  1,796,157     1,796,157
 Called-up share capital - ordinary shares  2,995,007     2,799,695
 Share premium                              12,448,068    12,397,714
 Share based payment reserves               111,189       111,189
 Retained deficit                           (11,980,336)  (10,985,754)
 Other reserve                              (983,287)     (983,287)
 TOTAL EQUITY                               4,386,798     5,135,714

 

 

 

 

 

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025

 

 

 

                                                   Called-up Share Capital  Share Premium  Share based Payment Reserve  Retained Deficit  Other Reserves  Total

                                                   £                        £              £                            £                 £

 At 30 June 2023                                   4,405,852                12,220,614     111,189                      (10,424,780)      (983,287)       5,329,588

 Issue of shares                                   190,000                  190,000        -                            -                 -               380,000
 Share issue expenses                              -                        (12,900)       -                            -                 -               (12,900)
 Loss for the year and total comprehensive income  -                        -              -                            (560,974)         -               (560,974)
 At 30 June 2024                                   4,595,852                12,397,714     111,189                      (10,985,754)      (983,287)       5,135,714

 Issue of shares                                   195,312                  54,688         -                            -                 -               250,000
 Share issue expenses                              -                        (4,334)        -                            -                 -               (4,334)
 Loss for the year and total comprehensive income  -                        -              -                            (994,582)         -               (994,582)
 At 30 June 2025                                   4,791,164                12,448,068     111,189                      (11,980,336)      (983,287)       4,386,798

 

 

 

 

 

 

CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2025

 

 

 

                                                               30 June 2025  30 June 2024

                                                               £             £

 CASH FLOW FROM OPERATING ACTIVITIES

 Loss for the year                                             (1,013,350)   (564,106)
 Foreign exchange losses                                       19,927        4,948
 Impairment of exploration and evaluation assets               557,937       -
                                                               (435,486)     (559,158)

 MOVEMENTS IN WORKING CAPITAL
 Increase in trade and other payables                          232,821       135,303
 Decrease in other receivables                                 6,949         6,421
 NET CASH USED IN OPERATING ACTIVITIES                         (195,716)     (417,434)

 CASH FLOW FROM INVESTING ACTIVITIES
 Additions to exploration and evaluation assets                (67,246)      (69,742)
 NET CASH USED IN INVESTING ACTIVITIES                         (67,246)      (69,742)

 CASH FLOW FROM FINANCING ACTIVITIES
 Proceeds from share issue                                     250,000       380,000
 Share issue costs                                             (4,334)       (12,900)
 NET CASH GENERATED FROM FINANCING ACTIVITIES                  245,666       367,100

 NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS          (17,296)      (120,076)

 Cash and cash equivalents at beginning of the financial year  77,546        199,438

 Effect of foreign exchange rate changes                       (1,159)       (1,816)

 CASH AND CASH EQUIVALENTS AT END OF THE financial YEAR        59,091        77,546

 

 

 

1.            ACCOUNTING POLICIES

 

                         The accounting policies and methods of
computation followed in these financial statements are consistent with those
published in the Group's Annual Report for the year ended 30 June 2024. The
financial statements have also been prepared in accordance with International
Financial Reporting Standards (IFRSs) as issued by the International
Accounting Standards Board (IASB).

 

                       The financial information set out below
does not constitute the Group's financial statements for the year ended 30
June 2025 or 30 June 2024 but is derived from those accounts. The financial
statements for the year ended 30 June 2024 have been delivered to Companies
House and those for the year ended 30 June 2025 will be delivered to Companies
House shortly

 

                    The auditors have reported on the 2024 and 2025
statements; their report was unqualified and did not contain a statement under
section 498(2) or 498(3) of the Companies Act 2006.

 

 

2.            GOING CONCERN

 

The Group incurred a loss for the year of £994,582 (2024: loss of £560,974)
after exchange differences on retranslation of foreign operations of £18,768
(2024: £3,132) at the balance sheet date. The Group had net current
liabilities of £842,278 (2024: £584,053) at the balance sheet date. These
conditions represent material uncertainties that may cast doubt on the Group's
ability to continue as a going concern.

 

The directors have prepared cashflow projections and forecasts for a period of
not less than 12 months from the date of this report which indicate that the
group will require additional funding for working capital requirements and
develop existing projects. As the Group is not revenue or cash generating it
relies on raising capital from the public market. The directors are confident
that funds will be available.

 

As in previous years the Directors have given careful consideration to the
appropriateness of the going concern basis in the preparation of the financial
statements and believe the going concern basis is appropriate for these
financial statements. The financial statements do not include any adjustments
that would result if the Group was unable to continue as a going concern.

 

 

3.            LOSS PER SHARE

 

Basic loss per share is computed by dividing the loss after taxation for the
year available to ordinary shareholders by the weighted average number of
ordinary shares in issue and ranking for dividend during the year. Diluted
earnings per share is computed by dividing the profit or loss after taxation
for the year by the weighted average number of ordinary shares in issue,
adjusted for the effect of all dilutive potential ordinary shares that were
outstanding during the year.

 

The following table sets forth the computation for basic and diluted earnings
per share (EPS):

 

                                                2025           2024

                                                £              £
 Numerator

 For basic and diluted EPS Loss after taxation  (1,013,350)    (564,106)

 Denominator
 For basic and diluted EPS                      1,189,869,337  1,088,730,358

 Basic EPS                                      (0.09p)        (0.05p)
 Diluted EPS                                    (0.09p)        (0.05p)

 The following potential ordinary shares are anti-dilutive and are therefore
 excluded from the weighted average number of shares for the purposes of the
 diluted earnings per share:
                                                               No.
 Share options                                  11,410,000     11,410,000

 

 

4.            INTANGIBLE ASSETS

 

 Exploration and evaluation assets:
                     Group               Group

                     2025                2024

                     £                   £
 Cost:
 At 1 July           10,258,287          10,188,545
 Additions           67,246              69,742
 At 30 June          10,325,533          10,258,287

 Impairment:
 At 1 July           4,746,160           4,746,160
 Impairment          557,937             -
 At 30 June          5,304,097           4,746,160

 Carrying Value:
 At 1 July           5,512,127           5,442,385

 At 30 June          5,021,436           5,512,127

 Segmental analysis  Group               Group

                     2025                2024

                     £                   £

 Botswana            3,252,766           3,572,184
 South Africa        1,768,670           1,939,943
 Zimbabwe            -                   -
                     5,021,436           5,512,127

 

 

Exploration and evaluation assets relate to expenditure incurred in
exploration for diamonds in Botswana and South Africa. The directors are aware
that by its nature there is an inherent uncertainty in exploration and
evaluation assets and therefore inherent uncertainty in relation to the
carrying value of capitalized exploration and evaluation assets.

 

Due to the decline in the market for diamonds and lower diamond prices the
Directors decided to impair part of the exploration expenditure for both
Botswana and South Africa. Accordingly, an impairment charge of £557,937 was
recorded in the current year.

 

On 11 November 2014 the Brightstone block was farmed out to BCL Investments
(Proprietary) Limited, a Botswana Company, who assumed responsibility for the
work programme. Botswana Diamonds had retained a 15% equity interest in the
project. On 20 July 2022 the Group increased its' stake to 26% equity interest
in the project.

 

On 6 February 2017 the Group entered into an Option and Earn-In Agreement with
Vutomi Mining Pty Ltd and Razorbill Properties 12 Pty Ltd (collectively known
as 'Vutomi'), a private diamond exploration and development firm in South
Africa.

 

On 28 September 2022 the Board announced that it had exercised its pre-emptive
right to acquire the outstanding third-party interests in Vutomi. The Company
also agreed that immediately on completion of the Acquisition, the Company
would sell 26% of Vutomi for a deferred consideration of US$316,333 to the
Company's local South African Empowerment partner, Baroville Trade and
Investments 02 Proprietary Limited ("Baroville"), in order to comply with
South African requirements on empowerment ownership, which will be funded by a
loan from Botswana Diamonds. On completion, the Company therefore owns 74% of
Vutomi.

 

On 29 July 2025 the Company announced it has been awarded four Prospecting
Licenses in Botswana following an extensive country-wide Artificial
Intelligence ("AI") driven exploration programme which generated several
highly prospective targets for diamonds and several critical minerals,
including Copper, Silver, Cobalt, Gold, Nickel, Zinc and PGMs.  These four
licenses (PL298, PL303, PL304, PL305 all of 2025) relate to our diamond
targets and cover 2,644 square kilometres located in the following areas:

 

-     North West of Mahalapye in the Serowe area;

-     South West of Jwaneng close to the South African border;

-     North East of Lerala in eastern Botswana; and

-     Close to KX36 in the Kalahari.

 

One particular license, located south-west of Debswana's Jwaneng Mine, is of
particular significance. The anomaly signatures are ideal, and the target
suggests more than one potential kimberlite.

 

 The realisation of these intangible assets is dependent on the successful
discovery and development of economic diamond resources and the ability of the
Group to raise sufficient finance to develop the projects. It is subject to a
number of significant potential risks, as set out below.

 

 

The Group's exploration activities are subject to a number of significant and
potential risks including:

 

-      licence obligations;

-      exchange rate risks;

-      uncertainties over development and operational costs;

-      political and legal risks, including arrangements with governments
for licenses, profit sharing and taxation;

-      foreign investment risks including increases in taxes, royalties
and renegotiation of contracts;

-      title to assets;

-      financial risk management ;

-      going concern; and

-      operational and environmental risks.

 

 

 

Included in additions for the year are £Nil (2024: £28,125) of directors'
remuneration which has been capitalized. This is for time spent directly on
the operations rather than on corporate activities.

 

 

 

5.            CALLED-UP SHARE CAPITAL

 

 Deferred Shares - nominal value of 0.75p
                                           Number         Share Capital  Share Premium

                                                          £              £
 At 1 July 2023 and 2024                   239,487,648    1,796,157      -
 At 30 June 2024 and 2025                  239,487,648    1,796,157      -

 Ordinary Shares - nominal value of 0.25p
 Allotted, called-up and fully paid:
                                           Number         Share Capital  Share Premium

                                                          £              £

 At 1 July 2023                            1,043,877,899  2,609,695      12,220,614
 Issued during the year                    76,000,000     190,000        190,000
 Share issue expenses                      -              -              (12,900)
 At 30 June 2024                           1,119,877,899  2,799,695      12,397,714

 Issued during the year                    78,125,000     195,312        54,688
 Share issue expenses                      -              -              (4,334)
 At 30 June 2025                           1,198,002,899  2,995,007      12,448,068

 

Movements in share capital

On 7 August 2024 the Company raised £250,000 via a placing of 78,125,000 new
ordinary shares of 0.25p each at a placing price of 0.32p per share. Each
Placing Share has one warrant attached with the right to subscribe for one new
Ordinary Share at 0.50p per new Ordinary Share for a period of two years from
7 August 2024.  Proceeds raised were used to fund development costs and
provide additional working capital.

 

 

6.            SHARE-BASED PAYMENTS

 

               SHARE OPTIONS

 

The Group issues equity-settled share-based payments to certain directors and
individuals who have performed services for the Group. Equity-settled
share-based payments are measured at fair value at the date of grant.

 

Fair value is measured by use of a Black-Scholes valuation model.

 

The Group plan provides for a grant price equal to the average quoted market
price of the ordinary shares on the date of grant.

 

                                   30/06/2025  2025                                       30/06/2024  2024

                                   Options     Weighted average exercise price in pence   Options     Weighted average exercise price in pence

 Outstanding at beginning of year  11,410,000  5.14                                       11,410,000  5.14
 Issued                            -           -                                          -           -
 Outstanding at end of the year    11,410,000  5.14                                       11,410,000  5.14

 Exercisable at end of the year    11,410,000  5.14                                       11,410,000  5.14

WARRANTS

 

                                   30/06/2025    2025                                       30/06/2024   2024

                                   Warrants      Weighted average exercise price in pence   Warrants     Weighted average exercise price in pence

 Outstanding at beginning of year  131,000,000   1.13                                       55,000,000   2.0
 Issued                            78,125,000    0.5                                        76,000,000   0.5
 Exercised                         -             -                                          -            -
 Expired                           (55,000,000)  2.0                                        -            -
 Outstanding at end of the year    154,125,000   0.5                                        131,000,000  1.13

 

               Refer to Note 5 Called up Share Capital for the
details of the warrants.

 

 

7.            POST BALANCE SHEET EVENTS

 

                            There were no material
post balance sheet events affecting the Company or Group

 

 

8.            GENERAL INFORMATION

 

The Company's Annual Report and Accounts for the year ended 30 June 2025 will
be mailed shortly only to those shareholders who have elected to receive it.
Otherwise, shareholders will be notified that the Annual Report and Accounts
will be available on the website at www.botswanadiamonds.co.uk
(http://www.botswanadiamonds.co.uk) .  Copies of The Annual Report will also
be available for collection from the company's registered office at 124 City
Road, London, EC1V 2NX, United Kingdom.

 

 

9.            ANNUAL GENERAL MEETING

 

The Annual General Meeting ("AGM") is due to be held at Canal Court Hotel,
Merchants Quay, Newry, BT35 8HF, United Kingdom on 29(th) January 2026 at
11.00 am.  A Notice of the AGM will be included in the Annual Report.

 

 

 

 

 

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