This is the second time Lucapa Diamond Company has issued shares. This time, writes Macauhub, the company will raise 3.9 million dollars.
The company's shareholders had until the end of Monday to decide if they wanted to subscribe for the new shares, as the proposal provided for the subscription of around 35.6 million shares.
The first time Lucapa Diamond Company raised USD 2.8 million, it issued around 25.8 million shares.
Lucapa Diamond Company is the main operator of Sociedade Mineira do Lulo (40 per cent), where it has Endiama as partners (32 per cent), and the Angolan company Rosa & Petalas (28 per cent).