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Gold/Mining/Energy : DIAMET/(BHP) TSE.DMM.B

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To: PHILLIP FLOTOW who wrote (94)10/13/1999 3:46:00 PM
From: PHILLIP FLOTOW  Read Replies (1) of 123
 
KELOWNA, B.C. (Dow Jones)--Dia Met Minerals Ltd. (DMMA) said it plans to buy
back up to 150,000 of its Class A subordinate voting shares, or about 1.7% of
the 8,668,374 outstanding shares of that class.
In a news release, the diamond-mining company said it also plans to buy back
up to 350,000 of its Class B multiple voting shares, or about 1.6% of the
21,973,496 outstanding shares of that class.
It said the buyback will begin Friday and will end by Oct. 14, 2000.
The company noted it purchased 136,000 Class A shares and 331,400 Class B
shares pursuant to its previous buyback.
-Wendy Lampert, Dow Jones Newswires; 416-306-2100

PHIL

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