Firestone decided to issue 1,027,840 new ordinary shares at 1 pence each in relation to the quarterly interest deductions of Eurobonds for the quarter ended March 31, 2017.
As of March 31, 2017 were issued Eurobonds in the amount of $ 30.0 million, the company said.
Firestone will also issue 513,920 new ordinary shares to the Pacific Road Resources Fund and Pacific Road Resources Fund II, as well as 513 920 new ordinary shares to Resource Capital Fund VI in relation to the quarterly interest deductions of Eurobonds for the quarter.
The company has applied to the London Stock Exchange for the new ordinary shares were admitted to trading on AIM.
The admission of shares and the deal with the new ordinary shares to be made before 18 April 2017.
When the admission of shares to trading on the stock exchange the company will issue 316,915,212 ordinary shares.
"Accordingly, ... 316 915 212 [ordinary shares] may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the purchase of shares or a change of its share in the authorized capital of the Company in accordance with the rules of disclosure and transparency of the financial rules ", - said in a statement Firestone.
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The Istanbul Stock Exchange (Borsa İstanbul) and the Foundation of the World Diamond brand (World Diamond Mark Foundation, WDMF) signed an agreement, which is intended to assist in the area of diamond trade cooperation in Turkey and in other key markets.
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"International Diamond and Jewelry industry currently faces significant competition for a share of the luxury market, - says Tuncay Dinge (Tuncay Dinç), head of the Istanbul Stock Exchange -. We believe that WDMF, which operates under the auspices of the World Federation of Diamond Bourses (World Federation of diamond bourses, WFDB), it is the perfect body which will not only align the efforts of our industry and encourage consumer demand for diamonds and diamond jewelry, but also become a catalyst for the emergence of new opportunities etc. A job placement and create a new industry of high-quality jewelry. "
WFDB President Ernest Blom (Ernest Blom), who is also vice-chairman of the WDM, said the agreement with the Istanbul Stock Exchange was signed in the best for this period. "Access of Turkey to both developed and emerging markets, coupled with its strong and broad industrial base will be an important tool for WDM At the same time, the Turkish industry will benefit from the added value that can bring WDM program." - he believes.