Kimberlite Diamond Corporation Appointed Administrator of Hard Asset Division
Kimberlite Diamond Corporation, trusted distributors and traders of investment grade natural colour diamonds, has entered into a binding written agreement with Maritime Securities Limited to become the administrator and co-manager of their new hard asset division.
"Quality investment grade natural colour diamonds have appreciated by 20% or more on an annual basis since 1990, and it is our opinion that these hard assets shall continue to appreciate in the future, due to shrinking supplies, (continued) stock market instability, real estate volatility, political uncertainty and the potential for widespread inflation in the longer term," states Theo Moss, President of Maritime Securities Limited "We believe that investors should be seeking diversification and a safe haven for their investment funds."
"We are absolutely thrilled to be working with Maritime Securities and their clients," states Allan Walker, President of Kimberlite Diamond Corporation. "This partnership will allow us to market diamond opportunities to their existing clients, and will allow us to promote a valuable alternative asset class to the broader investment community. There has never been a better time to accumulate natural colour diamonds, and we look forward to bringing our unique market expertise to Maritime's client base."
As part of this strategic partnership, Maritime Securities Limited has acquired a minority equity interest in Kimberlite Diamond Corporation. Based in Toronto, Ontario, Canada, Kimberlite Diamond Corporation is uniquely positioned to provide a meaningful return on investment to existing and future clients of Maritime Securities Limited. As Canada is one of the founding members of the North American Free Trade Agreement (NAFTA), the North American clients of Kimberlite Diamond Corporation have the benefit of being able to accept delivery of their diamond acquisitions free of duty. Under the terms of NAFTA, cut and polished diamonds are not subject to duty on cross-border transactions amongst member states.
About Kimberlite Diamond Corporation
Kimberlite Diamond Corporation specializes in the trading and distribution of non-conflict investment grade natural colour diamonds. With combined experience of over six decades devoted to the diamond industry, our principal owners and sales representatives are professionally trained to assist our clients in all matters relating to the acquisition and potential re-marketing of natural colour diamonds through private sources or auction.
About Maritime Securities Limited
Maritime Securities is a full service investment broker-dealer licensed by the Securities Commission of the Bahamas and is registered and licensed as a financial advisor by the Registrar General of the Bahamas. It’s principal business is wealth management entitling its account holders to trade stocks, options, bonds, currencies, mutual and hedge funds, in all the major markets of the world in an offshore environment.
Mr. Allan Walker