CEO Serge Muller raises his stake in Rex
Symbol: RXD Trading: Toronto Stock Exchange
ANTWERP, Belgium, Aug. 2 /CNW/ - Mr. Serge Muller, President and Chief Executive Officer of Rex Diamond Mining Corporation, today announced that he has purchased an aggregate of 600,217 common shares of Rex through a private agreement with a person resident in Europe. As a result of this acquisition, Mr. Muller currently owns, directs or controls 20,600,000 Common Shares, representing 30.5% of the 67,380,146 Common Shares that are currently issued and outstanding. The acquisition represents the maintenance of Mr. Muller's strategic investment in the company. Rex Diamond Mining Corporation is a fully integrated diamond mining and marketing company, active in all facets of the diamond industry. With exploration in Mauritania and South Africa, mining operations in South Africa, rough marketing and polishing activities in Antwerp, the heart of the diamond industry and now on-line retailing of exclusive Rex-branded diamond jewellery (http://www.rexdiamonds.com). From mine site to website, Rex covers the diamond world. %SEDAR: 00008443E
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For further information: Cassandré Newton, Corporate Development, Rex Diamond Mining Corporation, Email: cassandre@rexmining.com, Tel: +32 (3) 205-9060, Fax: +32 (3) 205-9070, Website: www.rexmining.com, www.rexdiamonds.com, E-mail: info@rexmining.com
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