News blog

DiamondCorp

  • BY: Andrew Hore |
  • POSTED: 16/10/2009 |

DiamondCorp has found enough cash to make its latest interest payment of $300,000.

The diamond miner has also ended the discussions with its potential bidder.

A fundraising is in progress so that DiamondCorp can fund operating expenses and have additional working capital.

The news has not moved the share price. At 19p a share, DiamondCorp is valued at £7.05m.

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