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Diamondcorp PLC (DCP.L)

DCP.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Diamondcorp delays admission of placing shares
Thursday, 26 Jan 2017 12:05am EST 

Diamondcorp Plc : Update in respect of proposed placing . Board has decided to delay admission of placing shares and fee shares on AIM to 31 january 2017 . Expected that admission of placing shares and fee shares will become effective on altx on or before 3 February 2017 . AMCU has been engaging constructively with management in an effort to reach a workable agreement . We are pleased to say that such an agreement has been reached in principle today . Agreement remains subject to satisfactory documentation and final terms. . Regrettably, Deloitte & Touche, business rescue practitioner of Lace Diamond Mines (Pty) Limited has thus far been unable to reach agreement with secured lender .Without agreement on these points, board will be unable to proceed and Diamondcorp will likely need to be placed into administration..  Full Article

Diamondcorp updates on production for Lace Diamond mine project
Wednesday, 12 Oct 2016 02:00am EDT 

Diamondcorp Plc : Lace Diamond Mine Project And Financial Update . Revised production ramp up announced in August has been further revised in light of tonnage constraints encountered during September .These constraints are now likely to continue until at least end of current year.  Full Article

Diamondcorp gets permission to resume mining at Lace diamond mine
Tuesday, 26 Jul 2016 10:00am EDT 

Diamondcorp Plc :South Africa's Department of Mineral Resources gives permission for resumption of underground mining operations at Lace Diamond Mine.  Full Article

Diamondcorp plc announces results of open offer
Monday, 6 Jul 2015 02:00am EDT 

Diamondcorp plc:Says results of the Open Offer, details of which were announced on June 17.Under the Open Offer, valid applications have been received from Eligible Shareholders in respect of their Basic Entitlements for in aggregate, 13,380,558 Open Offer Shares, representing 64.0 pct of the Open Offer Shares.As a consequence, 7,513,705 Open Offer Shares were available pursuant to the Excess Application Facility.Valid applications received from Eligible Shareholders pursuant to the Excess Application Facility have been received in respect of 36,819,674 Excess Shares, representing 4.9 times the Excess Shares available.Accordingly, Eligible Shareholders will receive an approximate rate of 20.4 pct. of their application under the Excess Application Facility.DiamondCorp has therefore raised the maximum proceeds through the Open Offer and Placing for a total of 5.27 mln pounds.  Full Article

Diamondcorp Plc announces open offer
Wednesday, 17 Jun 2015 02:00am EDT 

Diamondcorp Plc:Says launch of an open offer to issue up to 20,894,263 further new ordinary shares to eligible shareholders at 10 pence each.  Full Article

Diamondcorp Plc announces Placing
Friday, 5 Jun 2015 02:00am EDT 

Diamondcorp Plc:Has placed 31,837,000 new shares of 0.1 pence each in the company at 10 pence each (or 1.87 Rand as applicable, together the Placing Price) to raise gross proceeds of about 3.18 million Pounds.  Full Article

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BRIEF-Diamondcorp delays admission of placing shares

* Board has decided to delay admission of placing shares and fee shares on AIM to 31 january 2017