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Bluerock Diamonds PLC (AIM:BRD) | RNS | BlueRock DiamondsPLC - Loan Financing, Update & Issue of Equity

  Kareevlei Diamond Mine (Kareevlei) in the Kimberley region of South Africa, is pleased to provide an update on corporate and operational activities.   ·    Heads of Terms agreed with the Teichmann Group (Teichmann) for a £1.61m loan note with the intention that this will be replaced by a convertible loan note (CLN), which will increase the aggregate shareholding of the Teichmann Group concert party to approximately 49% if converted (the Teichmann Financing) ·    Completed 80% of ...
South Africa United Kingdom Eastern Cape South African Gary Teichmann Gus Simbanegavi

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