KENNADY DIAMONDS INC V.KDI

Metals & Mining Industrial Metals & Minerals

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."

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KENNADY DIAMONDS INC

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Post by JMNon Oct 04, 2015 1:11am

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Post# 24161092

Kennady Diamonds Closes First Tranche of C$48 million PP

Kennady Diamonds Closes First Tranche of C$48 million Non-Brokered Private Placement

TORONTO, Oct. 1, 2015 /CNW/ - Kennady Diamonds Inc. ("Kennady Diamonds", the "Company") (TSX-V: KDI) is pleased to announce the closing of the first tranche of the previously announced non-brokered private placement ("Placement") for gross proceeds of approximately C$15 million. The Company has issued 3,672,773 common shares at a price of C$2.75 per share and 1,393,235 flow-through common shares at a price of C$3.40 per share. The…Read More

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