News Bureau

July 13, 2018

Stuart Brown Steps Down from Firestone

Further to the announcement dated 14 May 2018, Firestone Diamonds, the new diamond producer with operations focused in Lesotho, Firestone announces that Paul Bosma, the Company's CEO from 1 July 2018, has been appointed to the Board with immediate effect. Former CEO Stuart Brown has resigned from the Board also with immediate effect.

Lucio Genovese, Non-Executive Chairman, said: "We are delighted to welcome Paul to the Board. He has already assumed the new role as CEO following a two month handover from Stuart. I look forward to his positive contribution to the Board debate and wish Stuart all the very best for the future."

Paul Bosma, aged 50, was previously the General Manager of Liqhobong Mine and currently does not hold any directorship positions. Past directorships within the last five years: Hana Mining Limited & Dumas Contracting.

Firestone is an international diamond mining company with operations focused in Lesotho . Firestone commenced commercial production in July 2017 at the Liqhobong Diamond Mine in Lesotho . Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letšeng Mine, Firestone's Liqhobong Mine, Namakwa Diamonds' Kao Mine and Lucapa's Mothae Mine.

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