News
15 January 2026

Lucara upsizes $165m equity raise

In:
Metals and Mining
Region:
Middle East & Africa

Lucara Diamond has increased its non-brokered private placement to an aggregate 1,031,250,000 common shares at $0.16 per share, targeting gross proceeds of $165 million. The company stated the upsizing was driven by strong investor demand, with the Lundin Family Trusts indicating plans to...

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