Rockwell Diamonds Inc. (Rockwell) is engaged in the business of alluvial diamond production and acquisition and exploration of natural resource properties. The Company’s principal mineral property interests are located in South Africa. During the fiscal year ended February 28, 2009, Rockwell operated three alluvial diamond mines. The Company also acquired approximately 12,254 hectares in additional prospecting permits in the North Cape Province, a number of which are adjacent to the Wouterspan and Saxendrift properties. On April 11, 2008 the Company completed the Middle Orange River Operations (MORO) acquisition. On August 31, 2008, the Company sold its 100% interest in certain mineral exploration and exploitation concessions in the Calama Mining District in Chile known as the Ricardo Property through the sale of all its interest in Minera Ricardo Resources Inc. S.A. to Hunter Dickinson Acquisitions Inc.