Adamas One to Initiate Up to $7.5 Million Share Repurchase Plan

SCOTTSDALE, Ariz., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Company”), The Original Lab-Grown Diamond Company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, announces today that its Board of Directors has authorized a share repurchase program to repurchase up to $7.5 million of Adamas One’s outstanding common stock. This share repurchase authorization is effective immediately.

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