Karelian Diamonds Resources plc reported that one of its significant shareholders, David John Naylor, has acquired further shares in the company.
Following the purchase on 12 February, Mr Naylor now has an interest of 10,509,468 ordinary shares of €0.00025 each.
The figure is equivalent to 8.17% of Karelian’s current issued ordinary shares and voting rights and is the second highest number after the late Professor Richard Conroy.
Karelian is exploring for diamonds in Finland and metals in Northern Ireland.