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An announcement from Lucapa Diamond Co. Ltd. ( (AU:LOM) ) is now available.
Lucapa Diamond Company Limited completed its Share Purchase Plan (SPP) after closing applications on January 23, 2025. The SPP allowed eligible shareholders to purchase new shares at A$0.02 each and also included free listed options, raising $405,000 through the issuance of 20,250,000 new shares. These shares will begin trading on the ASX on January 31, 2025, maintaining equal ranking with existing shares. The successful completion of the SPP reflects shareholder support and contributes to the company’s operational funding.
More about Lucapa Diamond Co. Ltd.
Lucapa Diamond Company Limited is an ASX-listed diamond miner and explorer with assets in Angola and Australia. The company has a significant interest in the Lulo Diamond Mine in Angola, which has been commercially producing large, high-value diamonds since 2015. Lucapa also explores for potential primary source kimberlites at the Lulo concession through its joint venture, and owns the Merlin Diamond Project in Australia, acquired in 2021.
YTD Price Performance: 0.0%
Average Trading Volume: 58,562
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €3.8M
For detailed information about LOM stock, go to TipRanks’ Stock Analysis page.
