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Lucapa Diamond Offers New Share Purchase Opportunity

Lucapa Diamond Offers New Share Purchase Opportunity

Lucapa Diamond Co. Ltd. (AU:LOM) has released an update.

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Lucapa Diamond Company Limited is launching a share purchase plan (SPP) to raise up to A$1.5 million, allowing eligible shareholders to buy new shares without brokerage fees. The funds will support the exploration of the Merlin Diamond Project and general working capital. This initiative follows a recent A$3 million placement and debt to equity conversion.

For further insights into AU:LOM stock, check out TipRanks’ Stock Analysis page.

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