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"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 > NEWS- First Tranche of C$48 million Private Placement Closed

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Post by 1option1 on Oct 01, 2015 10:12am

NEWS- First Tranche of C$48 million Private Placement Closed

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