Diamond News

Irish company raises half a million euro to go exploring for diamonds 

IRISH COMPANY KARELIAN Diamonds...

Irish company raises half a million euro to go exploring for diamonds IRISH COMPANY KARELIAN Diamonds...

World Diamond News
Irish company raises half a million euro to go exploring for diamonds

IRISH COMPANY KARELIAN Diamonds is hoping to progress plans to set up its first commercial diamond mine after raising just over half a million euro.

The company announced yesterday that it has conditionally raised £425,000 (€505,000), prior to expenses, through a share placing.

It said that the placing is conditional on admission of the shares to trading on the junior stock markets in Dublin, the ESM, and London, the AIM.

It is expected that the shares will be admitted to the exchanges next week.

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