LONDON, March 21 (Reuters) - Gem Diamonds Ltd:
* Statement re press speculation
* In preliminary discussions with lucara regarding a possible merger
* Discussions are at a very early stage
* Any transaction would be likely to be classed as a reverse takeover
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Statement re press speculation
* In preliminary discussions with lucara regarding a possible merger
* Discussions are at a very early stage
* Any transaction would be likely to be classed as a reverse takeover
((London Equities Newsroom; +44 20 7542 7717))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2011 AFX News