Diamcor closes final tranch of offering, bringing total to C$2m

Diamond producer Diamcor Mining has closed a second and final tranche of C$600 300 of its previously announced non-brokered private placement, bringing the total of the offering to about C$2-million. The company previously announced the close of a first tranche of the offering for gross proceeds totalling about C$1.4-million on June 4. Existing insiders, management and directors and larger shareholders subscribed for an aggregate of about $1.37-million of the offering.