Special warrant financing
The company has agreed with Yorkton Securities on a private placement of up to 2,000,000 special warrants at $8.50 each for gross proceeds of…
Luderitz Bay resource estimate
Independent consultants Marine and Coastal estimated an inferred resource of 2,400,000 carats within a 3.85 sq km section of the Koichab…
Stock options granted to Russian consultant; links with Almazy Rossii-Sakha
Namco granted Russian consultant S. Roussanov a 150,000-share stock option and signed wide-ranging agreements with Arsan Mining, Almazy…
TSE conditional listing
Namco received conditional approval to list its shares on the Toronto Stock Exchange, with Howard Beck joining its board and an official…
$9.15m private placement completed
The company completed a private placement of 2.25 million shares, raising $9.15 million to fund its Luderitz Bay diamond project.
Luderitz sampling results
Diamond assessors valued 1,296 stones from the Luderitz Bay sampling program at an average of US$206 per carat, above the prior estimate of $150-$160.
Private placement
The company reserved 500,000 shares for private placement to Namibian and South African investors at $4.30 per share, expected to close…
Private placement
The company will issue 1,750,000 shares to The Rochford Trust in a private placement at $4.00 per share.
Luderitz results
The company completed its initial step-out sampling program at the Luderitz Bay grant, with all 16 samples containing diamonds and a new…
Luderitz sampling results
The company reported diamond sampling results from Hottentots Bay and Luderitz off Namibia's coast, including 215 diamonds from a single…