By Devika Patel
Knoxville, Tenn., Aug. 21 - BRC DiamondCore Ltd. said it plans to conduct a C$3 million private placement of stock.
The company will sell 3 million common shares at C$1.00apiece.
Kingsdale Capital Markets Inc. is the agent.
Proceeds will be used for general corporate purposes.
BRC DiamondCore is a Toronto-based diamond explorer and developer with a portfolio of land holdings in proven diamond-producing regions of South Africa and in prospective diamond districts of the Democratic Republic of the Congo.
Issuer: | BRC DiamondCore Ltd.
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Issue: | Common shares
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Amount: | C$3 million
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Shares: | 3 million
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Price: | C$1.00
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Warrants: | No
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Agent: | Kingsdale Capital Markets Inc.
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Pricing date: | Aug. 21
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Stock symbol: | Toronto: BCD
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Stock price: | C$0.70 at close Aug. 20
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