Despite raising just $83,000 in seven months, the backers of the deal to spin off Conquest Mining's diamond assets remained confident of raising the necessary $5 million, claiming Malaysian interests intended to take a $2.2 million stake.
Conquest Mining Ltd 22-Aug-05 Sino-Italy Development Company Pty Ltd decreased its substantial shareholding from 18,700,000 ordinary shares (18.17%) to 17,450,000 ordinary shares (15.47%)
I write to you having taken great offence at our omission from your recent two-page article featuring Western Australian diamond companies (WA Business News July 1).