The share issue will end on February 15.
Shareholders will be able to purchase one new share for each of the Kimberley shares. The new paper will be evaluated by 2 Australian cents each.
Kimberley Diamonds has formed new debt in the amount of 2.9 million Australian dollars, and repaid debt in the amount of 1 million Australian dollars from October 1, 2016.
Also, as of December 1, 2016 the company's total debt amounted to 22.6 million Australian dollars.
Lera Mine includes five diamondiferous kimberlite pipes and the existing processing plant diamond ore, which was again put into operation in April 2016 after the resumption of operations at Lera.
In November last year, 9338 carats of diamonds were mined at Lera.
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De Beers Group of companies reported that puts the diamond mine Snap Lake (Snap Lake) for conservation. The company made this decision based on the results of the evaluation of the mine operations, especially in the light of current market conditions.
De Beers will assess market conditions over the next year to determine the potential of the mine and its viability.
The company began production of interrupted operations at the mine, which will involve about 120 employees. Meanwhile, the care and maintenance of the mine will require the employment of only 70 workers. The company reported that 434 workers will have to leave the company.
Kim Truter (Kim Truter), CEO of De Beers Canada, said: "Working on the Snap Lake have invested enormous efforts in that in order to maintain the mine in working order for many years, but even the successes achieved this year, are insufficient to mine continued to be profitable in the current market conditions. The decision on the closure of the mine was given to us is not easy. "
Snap Lake Mine, located approximately 220 km from Yellowknife in Canada's Northwest Territories, was opened in July 2008. It is the only Canadian underground diamond mine.
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