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Botswana Diamonds to raise £550 000

25th October 2021

By: Tasneem Bulbulia

Deputy Editor Online

     

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Aim-listed Botswana Diamonds has undertaken a company-arranged placing with existing and new investors to raise £550 000 through the issue of 55-million new ordinary shares at a placing price of 1p a share.

The funds will be used for exploration activities during the current year in Botswana and South Africa and to provide additional working capital for the company.

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