31st Oct 2014 17:47
LONDON (Alliance News) - Touchstone Diamonds Ltd Friday said it has raised GBP300,000 before expenses, via the issue of just over 78.9 million common shares for 0.38 pence each.
The AIM-listed investment company said it will use the proceeds from the fundraise for further working capital in order to "execute its investing strategy".
Touchstone Diamonds closed trading Friday 5.3% higher at 0.500 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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