Dominion Diamond Corporation recently issued a clarification on what it termed “recent media rumours related to the Company’s review of strategic alternatives”.

“On March 27, 2017, Dominion announced that its Board of Directors had formed a Special Committee (the “Special Committee”) to explore, review, and evaluate a range of potential strategic alternatives focused on maximising shareholder value,” Dominion said in its press release. “The Special Committee, working together with the Company’s management team and advisors, is considering alternatives that could include the sale of the Company. As previously disclosed, interested parties, including Washington Corporations, have executed confidentiality agreements with the Company.”

However, Dominion emphasised: “The Company has not made any decisions related to strategic alternatives at this time and there can be no assurance that the exploration of strategic alternatives will result in any transaction or change in strategy.”