Botswana Diamonds (BOD)

Sector:

Mining

Index:

FTSE AIM All-Share

1.01p
   
  • Change Today:
      0.025p
  • 52 Week High: 1.55
  • 52 Week Low: 0.83
  • Currency: UK Pounds
  • Shares Issued: 849.41m
  • Volume: 1,865,947
  • Market Cap: £8.60m

Botswana Diamonds raising £0.55m to fund current exploration

By Josh White

Date: Monday 25 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Botswana Diamonds announced a company-arranged placing with existing and new investors to raise £0.55m on Monday, to fund current exploration activities in Botswana and South Africa.
The AIM-traded firm said the placing involved the issue of 55,000,000 new shares at a price of 1p each.

It said each placing share had one warrant attached with the right to subscribe for one new share at 2p each, for three years from 25 October, being the expected date of the warrant issue.

"The board has arranged the placing within the existing share authorities approved by shareholders at the last annual general meeting," the board said in its statement.

Botswana Diamonds said the placing shares would rank pari passu with its existing ordinary shares.

Application would be made for the shares to be admitted to trading on AIM, which was expected on or around 5 November.

"The funds raised will be used to fund exploration activities during the current year in Botswana and South Africa, which remain ongoing, and to provide additional working capital for the company."

At 0918 BST, shares in Botswana Diamonds were down 5.53% at 1.11p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BOD Market Data

Currency UK Pounds
Share Price 1.01p
Change Today 0.025p
% Change 2.53 %
52 Week High 1.55
52 Week Low 0.83
Volume 1,865,947
Shares Issued 849.41m
Market Cap £8.60m

BOD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.71% above the market average17.71% above the market average17.71% above the market average17.71% above the market average17.71% above the market average
4.42% above the sector average4.42% above the sector average4.42% above the sector average4.42% above the sector average4.42% above the sector average
Price Trend
40.80% above the market average40.80% above the market average40.80% above the market average40.80% above the market average40.80% above the market average
31.94% above the sector average31.94% above the sector average31.94% above the sector average31.94% above the sector average31.94% above the sector average
Income Not Available
Growth Not Available

BOD Dividends

No dividends found

Trades for 20-May-2022

Time Volume / Share Price
16:24 400,000 @ 0.92p
15:42 100,000 @ 0.98p
14:10 1,100,000 @ 1.04p
14:36 159,624 @ 1.00p
14:14 108 @ 1.08p

BOD Key Personnel

Finance Director James Finn

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