Joint Venture Agreements Regarding Sri Lankan Sapphires and Gemstones
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Date15 Sep 2014
Gemfields is pleased to announce that it has entered into a joint venture with East West Gem Investments Limited (‘EWGI’), a Jersey registered company, in order to progress opportunities in the Sri Lankan sapphire and gemstone sector via three Sri Lankan subsidiaries which will be 75% and 25% held by Gemfields and EWGI respectively.