March 18, 2008

Harry completes private placement


by Jo Black

Harry Winston Diamond Corporation has completed its non-brokered private placement, previously announced on March 10, 2008. The Company issued an aggregate of 3 million common shares at CAN$25 per share for proceeds of CAN$75 million.

Harry Winston Diamond Corporation is a specialist diamond enterprise with assets in the mining and retail segments of the diamond industry. The company supplies rough diamonds to the global market from its 40% interest in the Diavik Diamond Mine, located in Canada’s Northwest Territories.

The company’s retail division, Harry Winston, Inc., is a premier jewelry and timepiece retailer with salons in key locations including New York, Paris, London, Beijing, Tokyo and Beverly Hills.

Story link: Harry completes private placement



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