Market Data
News
Tools
Markets
Discover
Subscribe Login/Register
FTSE 100
7,628.05
(
0.01%
)
Dow Jones
33,093.34
(
1.0%
)
Gold vs US Dollar
1,937.28
(
-0.34%
)
Brent Oil
76.215
(
-1.15%
)
Bitcoin
27,747.21
(
0.01%
)
  1. Home
  2. Investing
  3. Stocks
  4. UK
  5. LSE
  6. Karelian Diamond Resources Plc (KDR)

  7. Karelian Diamond Resources Plc (KDR) Share Price

KDR

Karelian Diamond Resources Plc

2.70
0.00 (0.0%)
Upgrade to Real-Time
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
Upgrade Icon
  0.00 0.0% 2.70 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.40 3.00 2.70 2.70 2.70
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Misc Nonmtl Minrls, Ex Fuels 0.39 0.01 - - 197.14
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.70 GBX
Related Shares
Bhp (BHP), Rio Tinto (RIO), Shefa Gems (SEFA), Pembridge Resources (PERE)

Karelian Diamond Resources (KDR) Latest News

Karelian Diamond Resources News

Date Time Source Headline
19/5/202313:23ALNCNewsKarelian Diamond launches fundraise, agrees loan with Conroy Gold
19/5/202307:00UKREGKarelian Diamond Res. Fundraising and Debt Capitalisation
24/4/202311:46ALNCNewsKarelian Diamond plans exploration in Northern Ireland and Finland
24/4/202307:13UKREGKarelian Diamond Res. Update on Planned Exploration Programmes
11/4/202310:55UKREGKarelian Diamond Res. Holding(s) in Company
04/4/202314:20UKREGKarelian Diamond Res. Holding(s) in Company
29/3/202321:33ALNCNewsKarelian pays compensation for rights to Lahtojoki diamond deposit
29/3/202307:00UKREGKarelian Diamond Res. Lahtojoki Diamond Deposit Update
24/3/202313:07UKREGKarelian Diamond Res. Holding(s) in Company
15/3/202317:26UKREGKarelian Diamond Res. Holding(s) in Company

Karelian Diamond Resources (KDR) Discussions and Chat

Karelian Diamond Resources Forums and Chat

Date Time Title Posts
25/5/202322:21RBonniers Dreaded Skeletons Of Death Thread1,009
05/4/202308:48Karelian Diamonds Resources - Permit Pink Diamonds and 35P Brokers Price Target136
14/12/202215:42Karelian Diamond Resources - Agreement with Rio Tinto15,210
15/5/201620:55Karelian Diamonds::::AIM for the Finnish262

Add a New Thread

Karelian Diamond Resources (KDR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Karelian Diamond Resources (KDR) Top Chat Posts

Top Posts
Posted at 25/5/2023 22:21 by hooops
Why else would Cgnr invest in Kdr 💰💎🇫🇮
Read Full Thread
Follow
Reply
Posted at 24/5/2023 13:32 by hooops
So CGNR ARE IN FOR 5 MIL KDR Shares as of Friday this week

Loan notes of further 112k and can convert at 5 p a share if its stays above 5p for 7 days in a Row .

Is that 7.5 mil in total ?

Imagine recovering diamonds in Kuhmo and Nickle in NI ?100% KDR

The work, in both cases, will give us additional

information and in relation to Finland could include the discovery of diamonds in one or more of the

kimberlite targets. I also look forward very much to work being initiated at Lahtojoki, particularly in relation

to the highly sought after and valued pink diamonds.”

Prof said to SELL CGNR would want offers of 7.50 plus ,KDR would be worth far greater if the next world class diamond province with fancy and pinks the same as Russia or even bigger ,Add Lahtojoki and perhaps JV ?AGAIN 100% KDR

After all gold everywhere in the world but NOT diamonds and certainly not with fancy and Pinks ?

CGNR INVESTING IS ONLY HAPPENING FOR A RETURN NOT JUST GRAVY ??? why else ?
Read Full Thread
Follow
Reply
Posted at 19/5/2023 13:22 by hooops
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 (“Admission221;), creating 15,000,000 Financing Warrants.
 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
Read Full Thread
Follow
Reply
Posted at 19/5/2023 08:12 by hooops
CGNR has invested in KDR sister company
Spelling out KDR has worth , more news to follow
Land compensation
And results from Finland andNi
Compared to Story or spread betting companies
This is a real tonic
Read Full Thread
Follow
Reply
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.
Read Full Thread
Follow
Reply
Posted at 03/4/2023 19:59 by rbonnier
Yes it looks like it apart from the share price which has fallen apart !
Absolute terrible sell this afternoon 82k at 1.585P FFS !!
Read Full Thread
Follow
Reply
Posted at 22/3/2023 12:35 by diamondsrforever
Hi Guys just registered to this site but have been buying karelian for awhile now. sorry for the amateur question but i see a lot is written about an overhang and people selling of shares to get below 3%. can someone explain what this is briefly as it must be stopping the share price from climbing?
Read Full Thread
Follow
Reply
Posted at 07/2/2023 08:23 by hooops
Agreement to vary terms and conversion of Convertible Loan Note
The Company has agreed with the Lender to vary the terms of the Convertible Loan Note
such that the conversion price of the Convertible Loan Note is amended from 10 pence per
Ordinary Share to 4 pence per Ordinary Share (the “Revised Conversion Price”). The
Revised Conversion Price represents an 81% premium on the Company’s closing mid-market
share price on 19 December 2022.
Following the variation to the existing loan agreement as detailed above, the Lender has
immediately exercised its conversion rights and submitted a notice of conversion to the
Company in relation to the Convertible Loan Note (“Conversion”). At the Revised
Conversion Price, the loan and all accrued interest (£138,000 as at 10 December 2022) is
convertible into 3,450,000 new Ordinary Shares (the “Conversion Shares”).
Following the issue of the Conversion Shares, Mr Fredrik Björnberg is expected to have a
beneficial interest in a total of 6,450,000 Ordinary Shares in the Company, representing
7.63% of the enlarged issued share capital of the Company on Admission


very clever Finnish local , from his histoy no fool ;-]
Read Full Thread
Follow
Reply
Posted at 31/12/2022 04:12 by hooops
Karelian Diamonds (AIM: KDR) announces that the Company's issued share capital as at the date of this announcement comprises 84,492,749 ordinary shares of €0.00025 each ("Ordinary Shares") with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 84,492,749.

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.

For further information please contact:



More house keeping heading towards 2023

According to the prof we are gathering a lot of interest In little KDR

Imagine the imaginable and we are holding a world class diamond Discovery in Kuhmo?
A full mining operation in lahtojoki

A world class Nickel platinum and base metals in Ni

We surely then will be worth a fortune.

I honestly think all 3 Are coming??!

No wonder a certain major shareholder converts his loans into shares


Why in such a rush to convert @4p


He’s is no fool !!!
Hmmmm
Read Full Thread
Follow
Reply
Posted at 20/4/2022 14:44 by hooops
TheKuhmo1

Posts: 97

Price: 3.00

No Opinion

Management/Shareholders20 Apr 2022 14:14
Have management conveniently forgotten shareholders here? Feels that way.
The prof has been complaining about the CGNR share price in interviews (and rightly so), but they should realise that by doing this whilst ignoring the KDR share price, that sends a really poor signal to KDR shareholders. a signal that they don't care about them. If they don't start updating shareholders soon, others will.
Looping twitter feeds, cutting and pasting from the website (PJ probably behind that). That is extremely patronising to educated shareholders. KDR website ticks a box and absolutely does nothing else. When you click on Analyst Coverage you get an old Brandon Hill Flashnote. That is not even our current broker or our current brokers coverage. Its not good enough.
Read Full Thread
Follow
Reply
Karelian Diamond Resources share price data is direct from the London Stock Exchange
Your Recent History
LSE
KDR
Karelian D..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: D: 20230530 08:04:27