PROJECT FINANCE

Lucapa raising to recreate magic at Merlin 

ESTABLISHED diamond producer Lucapa Diamond Company is teaming up with Ashanti Capital and Foster Stockbroking to raise around A$20 million to acquire the Merlin project in Australia.

Lucapa raising to recreate magic at Merlin 

The funding campaign includes a minimum $17 million placement at 5c over two tranches, and a non-underwritten share placement plan for up to $3 million.   The raisings are priced at a 20% discount...

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