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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Karelian Diamond Resources Plc | KDR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.95 | 08:00:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.90 | 2.90 | 2.95 | 2.95 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 12/10/2023 07:37 by hooops That’s the whole pointThe warrants need to expire in December 9th before news In truth it’s typically Kdr release They could make a gold rush gold disappointment They don’t need investors they have a major on board convinced now 🤔👍&# Just my guess |
Posted at 13/8/2023 19:53 by rbonnier Evening All looking forward to this week hoping we get some positive news from one of our projects.An Investors problem here is non of us know how much this company is worth and if we don't know how much its worth then non of us can make an informed decision on when to sell .You don't want to be selling at £1 if its worth £7.50 or holding at £1 if its worth 20P both scenarios would leave some wondering if they should jump out of a plane without a parachute !! |
Posted at 01/8/2023 11:51 by hooops something in this Are we missing??FUNDRAISING SUMMARY The Fundraising was arranged at 2 pence per share (the “Issue Price”), representing a discount of 20 per cent. to the closing mid-market price of 2.5 pence on 28 November 2022. Placing of 12,500,000 ordinary shares of €0.00025 each (“Ordinary Shares”) at a price of 2 pence per Ordinary Share to raise £250,000 before expenses (the “Fundraising Shares”). Each Fundraising Share carries a warrant to subscribe for one new Ordinary Share at a price of 4 pence per Ordinary Share exercisable for a period of 2 years from the admission to trading on AIM of the Fundraising Shares (“Admission 12,500,000 warrants (“Fundraising Warrants”). The Fundraising has been arranged by Monecor (London) Ltd trading as OvalX, who are acting as placing agent to the Company for the purposes of the Fundraising. OvalX will be issued with 600,000 warrants at a price of 2 pence per Ordinary Share exercisable for a period of 2 years from Admission of the Fundraising Shares (“Broker Warrants”, and together with the Fundraising Warrants, the “Warrants̶ be exercised on or before 5 December 2024, this would generate an additional £512,000 of funding for the Company over and above the amount secured through this Fundraising. There can be no guarantee that any Warrants will be exercised in the future and that additional proceeds will be received by the Company. The Fundraising Shares will represent approximately 15.4 per cent. of the enlarged issued share capital of the Company and has been issued to a combination of mainly new investors and certain existing shareholders. |
Posted at 31/7/2023 10:18 by hooops 28th MAY 21FINANCING SUMMARY The Financing was arranged at 4 pence per share (the “Issue Price”), representing a discount of 11 per cent. to the closing bid price of 4.5 pence on 27 May 2021. Placing and subscription of 13,000,000 ordinary shares of €0.00025 each (“Ordinary Shares”) at a price of 4 pence per Ordinary Share to raise £520,000 before expenses (the “Financing Shares”). In conjunction with the Fundraising certain parties, including Professor Richard Conroy (Chairman of the Company) and Maureen Jones (Managing Director of the Company), have also capitalised amounts owed to them totalling £80,000 through the issue of 2,000,000 new Ordinary Shares at the Issue Price (the “Debt Capitalisation Shares”). The Financing increases the Company’s exploration capacity and strengthens its working capital position. Each Financing Share and Debt Capitalisation Share carries a warrant to subscribe for one new Ordinary Share at a price of 8 pence per Ordinary Share exercisable for a period of 30 months from the admission to trading on AIM of the Financing Shares and the Debt Capitalisation Shares (“Admission The Fundraising has been arranged by the Company’s broker, First Equity Limited, who will be issued with 1,250,000 Financing Warrants. Should all the above Financing Warrants be exercised on or before 9 December 2023, this would generate an additional £1,300,000 of funding for the Company over and above the amount secured through this Financing. There can be no guarantee that any warrants will be exercised in the future and that additional proceeds will be received by the Company. The Financing Shares will represent approximately 19.0 per cent. of the enlarged issued share capital of the Company and has been issued to a combination of mainly new investors and certain existing shareholders. The Financing comprises 12,250,000 new Ordinary Shares to be issued to investors pursuant to a placing arranged by First Equity Limited and 750,000 new Ordinary Shares to be issued to certain existing shareholders pursuant to a subscription with the Company. The Debt Capitalisation Shares will represent approximately 2.9 per cent. of the enlarged issued share capital of the Company. 9TH DEC |
Posted at 24/6/2023 14:10 by hooops Cast your minds back to great excitement on MS landingUSA based?😂 Whatever or whoever positions are being filled and holding them. No free float and trading off book between two parties away from the LSE and then reported to lse after the trading. All looks good from here 👍 Mates rates 👍 As my old mate said As we are private investors we have to create opportunities on the company shirt tales. We have to out fox the fox 🦊 |
Posted at 19/5/2023 13:22 by hooops The Financing was arranged at 4 pence per share (the “Issue Price”), representing a discount of11 per cent. to the closing bid price of 4.5 pence on 27 May 2021. Placing and subscription of 13,000,000 ordinary shares of €0.00025 each (“Ordinary Shares”) at a price of 4 pence per Ordinary Share to raise £520,000 before expenses (the “Financing Shares”). In conjunction with the Fundraising certain parties, including Professor Richard Conroy (Chairman of the Company) and Maureen Jones (Managing Director of the Company), have also capitalised amounts owed to them totalling £80,000 through the issue of 2,000,000 new Ordinary Shares at the Issue Price (the “Debt Capitalisation Shares”). The Financing increases the Company’s exploration capacity and strengthens its working capital position. Each Financing Share and Debt Capitalisation Share carries a warrant to subscribe for one new Ordinary Share at a price of 8 pence per Ordinary Share exercisable for a period of 30 months from the admission to trading on AIM of the Financing Shares and the Debt Capitalisation Shares (“Admission The Fundraising has been arranged by the Company’s broker, First Equity Limited, who will be issued with 1,250,000 Financing Warrants. Should all the above Financing Warrants be exercised on or before 9 December 2023 reward company staff not investors ? or Both ,Glad i kept adding in low 1ps ;-] By this coming AGM 15 mil will expire |
Posted at 19/5/2023 07:04 by hooops Karelian Diamond Resources plc(“Karelian Diamonds” or the “Company” Fundraising of £100,000, Debt Capitalisation and Related Party Transactions HIGHLIGHTS: Financing of £362,500 including fundraising of £100,000, issue of Convertible Loan for £112,500 together with Debt Capitalisation of £125,000 and Creditor Conversion of £25,000 Fundraising, Debt Capitalisation and Creditor Conversion totalling £250,000 at 2.5 pence per share Convertible Loan of £112,500 issued, convertible at 5 pence per share Both the Debt Capitalisation and Convertible Loan agreed with Conroy Gold and Natural Resources PLC Funds to be used to accelerate exploration programmes in Finland and Ireland Karelian Diamond Resources PLC (AIM: KDR), the diamond and base metals exploration and development company focused on Finland and Ireland, is pleased to announce a fundraising of £100,000 to accelerate exploration on its exploration programmes for diamonds in the Kuhmo region of Finland, where interpretation of geophysical data has revealed a series of kimberlite targets (announced by the Company on 7 June 2022), and exploration for nickel, copper and platinum group metals in Northern Ireland. The Company has also entered into an agreement with Conroy Gold and Natural Resources PLC (“Conroy Gold”) in relation to a debt capitalisation of £125,000 and a further debt exchange into a convertible loan of £112,500, further details of which are set out below. FUNDRAISING SUMMARY Placing of 4,000,000 new ordinary shares (the “Fundraising Shares”) of €0.00025 each (“Ordinary Shares”) to raise £100,000 before expenses (the “Fundraising&# The Fundraising was arranged at 2.5 pence per share (the “Issue Price”), representing a discount of 3.8 per cent. to the closing mid-market price of 2.6 pence per Ordinary Share on 18 May 2023. In conjunction with the Fundraising, certain parties have also capitalised amounts owed to them totalling £25,000 through satisfaction of these amounts by the issue of 1,000,000 new Ordinary Shares at the Issue Price (the “Investment Shares”). The Fundraising increases the Company’s exploration capacity and strengthens its working capital position. Each Fundraising Share and Investment Share carries a warrant to subscribe for one new Ordinary Share at a price of 5 pence per ordinary Share exercisable for a period of 18 months from Admission (as defined below), creating 5,000,000 warrants (the “Fundraising Warrants”). The Fundraising has been arranged by First Equity Ltd who are acting as placing agent to the Company for the purposes of the Fundraising. First Equity Ltd will be issued with 400,000 warrants at a price of 2.5 pence per Ordinary Share exercisable for a period of 18 months from Admission of the Fundraising Shares (“Broker Warrants” and, together with the Fundraising Warrants, the “Warrants̶ If at any time during the warrant exercise period the volume-weighted average price (VWAP) of the Ordinary Shares exceeds 7.5p for 5 trading days then the Company may give warrant holders notice to exercise their warrants no later than 10 days after receipt of the notice following date which the warrant will lapse. Should all the above Fundraising Warrants be exercised on or before 30 November 2024, this would generate an additional £250,000 of funding for the Company over and above the amount secured through this Fundraising. There can be no guarantee that any Warrants will be exercised in the future and that additional proceeds will be received by the Company. DEBT CAPITALISATION BY CONROY GOLD AND NATURAL RESOURCES PLC As set out in the Company’s financial statements, the Company shares accommodation and staff with Conroy Gold which has certain common directors and shareholders. As at the end of the six-month period ending 30 November 2022 Conroy Gold was owed €234,651. The Company has agreed with Conroy Gold that it will capitalise an amount equivalent to £125,000 of this balance into 5,000,000 new Ordinary Shares at the Issue Price (the “Debt Capitalisation Shares”). Remaining outstanding amounts equivalent to £112,500 will be incorporated into a convertible loan note (the “Loan Note”) with a term of 18 months attracting an interest rate of 5% per annum payable on the redemption or conversion of the Loan Note. The Loan Note can be converted at the option of Conroy Gold at 5 pence per Ordinary Share, which is equivalent to the exercise price of the Fundraising Warrants. On Admission, Conroy Gold will be interested in 5,000,000 Ordinary Shares equivalent to 5.29% of the enlarged issued share capital of Karelian Diamonds on Admission. During the year ended 31 May 2022 Conroy Gold generated a loss before taxation of €256,484 on €nil turnover. Net assets of Conroy Gold as at 30 November 2022 were €22,623,787. WORK PROGRAMME The additional funding raised by Karelian Diamonds will contribute to the cost of the work programmes detailed in the Company’s announcement on 24th April 2023 and specifically in relation to the commencement of further work in the Kuhmo region of Finland exploring for diamonds and in Northern Ireland for nickel, copper and platinum group metals. DEBT CAPITALISATION - RELATED PARTY TRANSACTIONS The issue to Conroy Gold of the Debt Capitalisation Shares and the Loan Note are deemed to be related party transactions pursuant to rule 13 of the AIM Rules for Companies. The Independent Directors (being Seamus Fitzpatrick and Dr Sor?a Conroy) consider, having consulted with the Company’s nominated adviser, Allenby Capital Limited, that the terms of the Debt Capitalisation and the Loan Note are fair and reasonable insofar as Shareholders are concerned. ADMISSION, WARRANTS AND TOTAL VOTING RIGHTS An application will be made to admit the Fundraising Shares, the Investment Shares and the Debt Capitalisation Shares (totalling 10,000,000 new Ordinary Shares) to trading on the AIM market of the London Stock Exchange on or around 26 May 2023 (“Admission The Fundraising and Debt Capitalisation has been conducted within the Company’s existing share authorities and is conditional on admission of the Fundraising Shares, the Investment Shares and the Debt Capitalisation Shares to trading on AIM becoming effective. Following the Admission, the issued share capital of the Company will comprise 94,492,749 Ordinary Shares, with one voting right per Ordinary Share. The Company does not hold any shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 94,492,749. Following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. |
Posted at 30/3/2023 15:30 by hooops Burgundy Diamond Mines boss Kim Truter is confident the firm’s purchase of BHP’s former Ekati mine in Canada’s Artic Circle will position it as the world’s largest listed pure play company of its kind.Mr Truter has been on a roadshow for the past few days collecting bids for Burgundy’s $231 million equity raising to bankroll the acquisition of the diamond mine, saying it has received “huge” interest from investors across Australia, Asia, Europe and North America 🤔💎 🤷a Long shot perhaps? Burgundy Diamond Mines to become the world’s largest listed pure play diamond firm with Ekati purchase Cheyanne Enciso The West Australian Thu, 30 March 2023 2:17PM |
Posted at 27/1/2023 15:09 by rbonnier Prof needs to change the Story here and raise with investors who are going to keep the shares not sell them for what you paid for them just to trouser the warrants . |
Posted at 27/1/2023 14:29 by hooops The Fundraising has been arranged by Monecor (London) Ltd trading as OvalX, who areacting as placing agent to the Company for the purposes of the Fundraising. OvalX will be issued with 600,000 warrants at a price of 2 pence per Ordinary Share exercisable for a period of 2 years from Admission of the Fundraising Shares (“Broker Warrants”, and together with the Fundraising Warrants, the “Warrants̶ be exercised on or before 5 December 2024, this would generate an additional £512,000 of funding for the Company over and above the amount secured through this Fundraising. There can be no guarantee that any Warrants will be exercised in the future and that additional proceeds will be received by the Company. The Fundraising Shares will represent approximately 15.4 per cent. of the enlarged issued share capital of the Company and has been issued to a combination of mainly new investors and certain existing shareholders. The Fundraising has been conducted within the Company’s existing share authorities and is conditional on admission of the Fundraising Shares to trading on AIM becoming effective |
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