Diamonex raises millions in SPP

DiamonEx has raised $1.52 million (P9.9 million) under the Share Purchase Plan (SPP) that closed on 30 June, 2008.

A total of 6,506,121 shares have been allotted under the SPP with holding statements being dispatched to shareholders this week, the company said in an E-mailed statement on Tuesday.

Last month, DiamonEx offered all shareholders up to A$5,000, approximately P31,095 worth of new fully paid ordinary shares in order to raise funds to provide additional working capital during the ramp-up to full production at Lerala Diamond Mine.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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