Karelian Diamond Resources plc has raised a total gross £323,075 via a 37.5% discounted placing and subscription to a total 43,076,667 new ordinary shares each at 0.75 pence. USES The placing for 34,066,667 ordinary shares of €0.00025 each, raised £255,500 while the subscription for 9,010,000 ordinary shares at the issue price raised £67,575. Each placing […]
Tag: Northern Ireland
Karelian significant investor increases holding
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 […]
Karelian extends Kuhmo diamond licences
Karelian Diamond Resources plc has extended its diamond exploration licences over the areas targeted by the upcoming campaign in the Kuhmo region of Eastern Finland. PROVINCE The company was granted a new reservation of Kuumu 1 at the Lentiira in northern Kuhmo, 30 km to the north of the green diamond discovery, with one year […]
Dalradian poised for public inquiries
Dalradian Gold Ltd is nearing conjoined public inquiries over the next three months for its exploration and mining plans at Greencastle in the Sperrin Mountains, County Tyrone. DECISIONS The Planning Appeals Commission (PAC) deferred its hearing, due to start in September 2024, following the Water Appeals Commission’s concerns over applications relating to water abstraction and […]
Karelian appoints Brendan McMorrow as chairman
Karelian Diamond Resources plc has appointed non-executive director Brendan McMorrow as non-executive chairman with immediate effect. Mr McMorrow, who became a board NED in November 2018, replaces founder and executive chairman Professor Richard Conroy who died last month. Karelian is exploring for diamonds in Finland and copper, nickel and platinum group metals in Northern Ireland.
Karelian raises £329,000 via discounted placing
Karelian Diamond Resources plc has raised £328,747 through a 38.8% discounted placing. USES The placing comprised 21,916,479 ordinary shares of €0.00025 each, at 1.5 pence perordinary share. Certain parties also capitalised amounts owed to them totalling £25,252.75 by the issue of 1,683,516 new ordinary shares at the issue price. Each placing share and investment share […]