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Botswana Diamonds to raise £363 000 for exploration

22nd January 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Aim-listed Botswana Diamonds has undertaken a company-arranged placing with existing and new investors to raise  £363 000 through the issue of 60.5-million new ordinary shares.

This includes a cash subscription by certain directors.

The funds raised will be used to fund ongoing exploration activities during the current year in Botswana and South Africa, as well as for working capital.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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