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KDR Karelian Diamond Resources Plc

1.50
0.00 (0.00%)
10 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Karelian Diamond Resources Plc LSE:KDR London Ordinary Share IE00BD09HK61 ORD EUR0.00025 (CDI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.50 99,967 08:00:19
Bid Price Offer Price High Price Low Price Open Price
1.40 1.60 1.55 1.50 1.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels EUR 10k EUR -291k EUR 0.0000 - 109.52M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:00:12 UT 99,967 1.50 GBX

Karelian Diamond Resources (KDR) Latest News

Karelian Diamond Resources (KDR) Discussions and Chat

Karelian Diamond Resources (KDR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:00:121.5099,9671,499.51UT

Karelian Diamond Resources (KDR) Top Chat Posts

Top Posts
Posted at 10/10/2024 09:20 by Karelian Diamond Resources Daily Update
Karelian Diamond Resources Plc is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the London Stock Exchange with ticker KDR. The last closing price for Karelian Diamond Resources was 1.50p.
Karelian Diamond Resources currently has 7,301,301,041 shares in issue. The market capitalisation of Karelian Diamond Resources is £109,519,516.
This morning KDR shares opened at 1.50p
Posted at 06/10/2024 17:27 by rbonnier
Well here we finally are its judgement week the jury will return after considering its verdict will the KDR Share price be Flying or will it be Frying in the Dreaded Electric Chair !
Posted at 12/7/2024 11:57 by spig69
RBonnier, I totally agree. I personally will be voting against re-electing him as a Director if it comes up. However, having just supplied himself with dirt cheap shares at the expense of other shareholders thus increasing his own holding, along with brain washing other shareholders to vote for him, this task may prove difficult. Whether you have 10% of the shares or just 1 share, he should show the same respect to each as individual shareholders and stakeholders in the company. But they don't. Why has he not invited current shareholders to participate in a rights issue? It's a never ending gravy train. I presume they read these boards as a matter of interest and no doubt they are laughing at us constantly. A few years back at the AGM it came close to electing other persons to the board. Perhaps those times have come again....
Posted at 11/7/2024 20:23 by hooops
Visit Finland
Kuhmo & Lahtojoki 2017

Just returned from site visit in Northern Ireland past 3 weeks
Was invited to official KDR presentation by
Peter House
6 weeks ago
Broken bread with the prof Dublin London several times

Very comfortable with my investment
FTR
ODM and Dr Larry reports are not fiction
They are world class companies
Like GTK Finland
🇫🇮
See you on the Finnish Line
Or feel free to sell up and go
Posted at 11/7/2024 15:58 by doddman
Nothing to back it up, think the price chart and volume is all the back up I need.Anyway I don't want to clog this board up with my opinion. I'll let the KDR investors get back to discuss the impending news as the activity by KDR in its mining should keep this board full of excited discussions.
Posted at 09/7/2024 16:18 by hooops
#KDR #diamonds #exploration

Karelian remains a speculative play on diamond exploration, with sentiment weak but now a decent cash runway.

hxxps://miningaim.co.uk/karelian

Read this
Posted at 09/7/2024 07:14 by hooops
Here’s a thought?
Will Cgnr and Kdr reform as one 🤔
KDR can’t release news to benefit who took part in placing for 30 days I think???
CGNR in free fall
Is the plan to Get Cgnr to same range Mcap
As KDR
Cgnr could carry on falling
Just a thought and not a clue weather it’s the case

Major taking the lot over
Rio ??
Or Barrick Gold
🤷‍a94;️🤷‍♂ᥧ9;🤷‍♂️㈶0;
Posted at 07/7/2024 17:44 by hooops
hxxps://audioboom.com/posts/8535376-sunday-roast-featuring-adam-binns-ceo-and-derek-bickerstaff-chairman-of-one-health-group-plc

58 min in KDR




Not 50 !!
48🤣
Posted at 01/8/2023 12:55 by rbonnier
SP will be held back until CGNR get their extra 3% at 7.5P .If kdr share price was allowed to say 6P on current buying the share price could then more than double to 12 - 15P with news leaving cgnr with half the shares they would get if the share price was 7.5P .
Posted at 04/7/2023 18:00 by rbonnier
Well I've thought for a long time KDR don't want the share price to go up and want to keep it as low as possible that is becoming blatantly obvious now.An all paper offer from CGNR is around the corner probably 3KDR shares for 1 CGNR share judging by the share price of both companies.When that's done and dusted the news will start rolling in on both Fronts and RIO will then come in with a big cash offer for CGNR and that's it Prof 90 CGNR and KDR all gone everyone happy and Prof to enjoy his retirement with a boat load of cash !
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 “Warrants̶1;).
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 (“Admission221;). The Fundraising Shares and the Investment Shares have been issued to a combination of mainly new investors and certain existing shareholders and, together with the Debt Capitalisation Shares, will represent approximately 10.58 per cent. of the enlarged issued share capital of the Company.

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.
Karelian Diamond Resources share price data is direct from the London Stock Exchange

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