Rockwell CEO Retracts Comments Relating to Audit
posted on
Jun 04, 2009 01:23PM
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Attention Business Editors Rockwell CEO Retracts Comments Relating to Audit VANCOUVER, June 4 /CNW/ - John Bristow, CEO, one of the Executive Directors of Rockwell Diamonds Inc. (TSX: RDI; JSE: RDI; OTCBB: RDIAF) retracts recent comments made by him to Allan Seccombe Managing Editor of mining website Miningmx and in a podcast carried by fin24.com. These comments downplayed management's concerns about the delayed release of audited results and the reasons for such delay. Executive management, together with the directors, is taking the ongoing issue of the internal control breakdown very seriously and is taking steps to correct the matter. Executive management will be seeking to recruit additional senior accounting personnel, a shortage of which management believes lies at the heart of the problem. No implication to the contrary was intended in the Miningmx and fin24.com interviews. The Executive Directors have established a purpose-specific web site www.executivedirectorsrockwell.com where information is available for all shareholders relating to the issues concerning the Special Meeting. This site will be updated regularly and kept current leading up to the Special Meeting on June 17, 2009. << Contact: The Laurel Hill Advisory Group by email at rockwellinfo@laurelhillag.com or by phone at: ------------------------------------... Toll free: Or Collect: ------------------------------------... North America 1-888-882-6737 --------------------------------------- Europe 00-800-8655-1111 1-416-637-4661 --------------------------------------- South Africa 0-800-982-179 ------------------------------------... >> The comments by the Executive Directors in this news release and on the website are solely their own and not of any other director. For general information about Rockwell please visit its own website at www.rockwelldiamonds.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114. Investor Services deals with Company information and is not authorized to discuss matters or answer questions relating the contested special shareholders meeting. Questions relating to the Executive's Director's positions in respect of the Meeting should be directed to Laurel Hill Advisory Group as per above. << No regulatory authority has approved or disapproved the information contained in this news release. >>-30- /For further information: The Laurel Hill Advisory Group by email at rockwellinfo@laurelhillag.com or by phone at: North America, Toll free 1-888-882-6737; Europe, Toll free 00-800-8655-1111; South Africa, Toll free 0-800-982-179; Or Collect (416) 637-4661/