22/04/2008 - 09:18

Bonaparte Diamonds raises $2.2m

22/04/2008 - 09:18

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West Perth-based diamond exploration company Bonaparte Diamond Mines NL has raised $2.2 million through an entitlement's issue which closed oversubscribed by 28 per cent.

Bonaparte Diamonds raises $2.2m

West Perth-based diamond exploration company Bonaparte Diamond Mines NL has raised $2.2 million through an entitlement's issue which closed oversubscribed by 28 per cent.

The company issued 32.8 million ordinary shares at 7 cents each to fund its marine phosphate exploration, further advance both onshore and offshore diamond projects and for general working capital purposes.

At 1130 AEST, shares jumped 8 cents, up 8.25%, and closed up 3% today at $1.00.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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