7th Sep 2020 14:19
Botswana Diamonds PLC - Irish exploration and project development company - Arranges a placing with existing and new investors to raise GBP300,000 via the issue of 50.0 million shares at a price of 0.6 pence each. Funds raised will be used for ongoing exploration activities in Botswana and South Africa and for working capital purposes. The company is currently drilling kimberlite M8 on the Marsfontein licence in South Africa. In Botswana, the funds will be focussed on commercialising the KX36 project.
Current stock price: 0.72 pence
Year-to-date change: up 14%
By Evelina Grecenko; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Botswana Diam