Botswana Diamonds which came into being following Lucara Diamond Corp signing a complete takeover agreement of African Diamonds (AFD), Botswana Diamonds is expected to be listed on London’s Alternative Investment Market (AIM) in January 2011, reports say. %% Reports further state that the listing is part of the takeover agreement under which Lucara Diamond acquired complete control of Botswana’s AK6 mine, and Botswana Diamonds came into being to own AFD’s remaining assets. AFD is expected to close down in early January and its shareholders would gain a 26.57 stake in Lucara. The AFD shares are expected to be suspended on December 17 and final cancellation is expected few days later.
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