Rockwell notice of annual general meeting and special meeting of shareholders

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, Sept. 1, 2017 /CNW/ - Notice is hereby given that the annual general and special meeting of Rockwell will be held at the offices of Fasken Martineau DuMoulin LLP, Suite 2400, 333 Bay Street, Toronto, Ontario M5H 2T6 on Monday, 2 October 2017 at 10h00 a.m. (Toronto time) or 4:00 p.m. (South Africa time) ("Meeting").

Shareholders are hereby advised that Rockwell's abridged financial statements for the year ended 28 February 2017 were dispatched to shareholders in South Africa on 1 September 2017, and will be dispatched to shareholders in Canada on the same date, together with the Meeting Notice ("Notice"), Management Information Circular ("Circular") and Form of Proxy. The full audited consolidated financial results published on 31 May 2017 are available on Rockwell's website at www.rockwelldiamonds.com.

Shareholders who wish to participate in the Meeting are referred to the Proxy Information contained in the Circular which will be available on www.sedar.com as from today.

In respect of the Company's South African register, only shareholders of record as of Friday, 22 September 2017 ("the Record Date") are entitled to vote at the Meeting.

Details on the manner in which Shareholders can register themselves for the Meeting are contained in the Circular.

All voting instructions must reach the relevant transfer secretaries as detailed in the Circular by no later than 10:00 a.m. (Toronto time) or 04:00p.m. (South African time) on Thursday, 28 September 2017.

About Rockwell Diamonds

Rockwell is engaged in the business of operating and developing alluvial diamond deposits. The Company also evaluates consolidation opportunities that have the potential to expand its mineral resources and production and provide accretive value to the Company.

Rockwell has set a strategic goal to become a mid-tier diamond production company with specific focus on the Middle Orange River region in South Africa.

As at the date of this document, Rockwell's subsidiary in South Africa (Rockwell Resources RSA Pty Limited) and its two subsidiaries (HC van Wyk Diamonds Limited and Saxendrift Mine Pty Limited) were being operated under Business Rescue Management as ordered by the Court, following an application by creditors of the three South African subsidiaries on May 18, 2017.

Rockwell's common shares trade on the Toronto Stock Exchange and the JSE Ltd under the symbol "RDI". Trading of Rockwell's shares remains suspended at the request of the Company.

No regulatory authority has approved or disapproved the information contained in this news release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.

Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainties and costs related to the transaction and the ability of each party to satisfy the conditions precedent in a timely manner or at all, exploration and development activities, such as those related to determining whether mineral resources exist on a property; uncertainties related to expected production rates, timing of production and cash and total costs of production and milling; uncertainties related to the ability to obtain necessary licenses, permits, electricity, surface rights and title for development projects; operating and technical difficulties in connection with mining development activities; uncertainties related to the accuracy of our mineral resource estimates and our estimates of future production and future cash and  total  costs  of production and diminishing quantities or grades of mineral resources; uncertainties related to unexpected judicial or regulatory procedures or changes in, and the effects of, the laws, regulations and government policies affecting our mining operations; changes in general economic conditions, the financial markets and the demand and market price for mineral commodities    such as diesel fuel, steel, concrete, electricity, and other forms of energy, mining equipment, and fluctuations in exchange   rates, particularly with respect to the value of the US dollar, Canadian dollar and South African Rand; changes in accounting policies and methods that we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates; environmental issues and liabilities associated with mining and processing;  geopolitical uncertainty and political and economic instability in countries in which we operate; and labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate our mines, or environmental hazards, industrial accidents or other events or occurrences, including third party interference that interrupt operation of our mines or development projects.

For further information on Rockwell, Investors should review Rockwell's home jurisdiction filings that are available at www.sedar.com.

SOURCE Rockwell Diamonds Inc.