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Thabex Limited shareholders are advised that the Case relating to Angel Diamonds (Proprietary) Limited (Case number: CIV/APN/333/2010) in the High Court of Lesotho was to be heard on 30 August 2010. The Case has been postponed to 6 October 2010 in order for the Court to finalise the security for costs by the applicants in [...]
NAMIBIAN RESOURCES Plc has announced its final results for the year ended 28 February 2010.
The year to 28th February 2010 was disappointing as expected due to the cessation of production at Sonnberg following the near collapse of the international diamond market and soaring fuel costs. Our staffing was greatly reduced and care [...]
Shear Minerals Ltd. has successfully closed its marketed private placement equity offering (the “Offering”) and the completion of its purchase of the Jericho diamond mine and related assets in Nunavut (the “Jericho Acquisition”).
The Offering
Under the Offering, 139,451,000 conventional units (“Conventional Units”), each consisting of one common share (a “Common Share”) and one Common Share purchase [...]
Diamond News – Mining, Financing: Diamond Frank Exploration Inc. (TSX VENTURE:DOD) has closing on December 31, 2009 a non-brokered private placement of 200 units for C$200,000 with accredited investors and friends. Under the terms of this placement, Diamond Frank will issue 1,600,000 flow-through common shares, 666,600 common shares and 666,600 warrants.
Diamond Frank will use 80% of proceeds for exploration work on its properties located in Quebec and the remaining 20% for working capital.
