Published on 12/14/2007 in the Prospect News PIPE Daily.
New Issue: River Diamonds sells £4.25 million shares in private placement
By Devika Patel
Knoxville, Tenn., Dec. 14 - River Diamonds plc said it sold £4.25 million of shares in a private placement.
The company sold 70,833,333 ordinary shares at 6p apiece.
Based in London, River Diamonds is a diamond exploration company with assets in Sierra Leone and Brazil.
Issuer: | River Diamonds plc
|
Issue: | Ordinary shares
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Amount: | £4.25 million
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Shares: | 70,833,333
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Price: | 6p
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Settlement date: | Dec. 14
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Stock symbol: | London: RVD
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Stock price: | 4.46p at close Dec. 13
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