Lucapa Halts Trading Ahead of Funding Arrangement Announcement
February 25, 15
(IDEX Online News) – Lucapa Diamond Company Limited today (Wednesday) requested – and received – an immediate trading halt on its securities. The request comes ahead of an announcement on the company’s funding negotiations.
Lucapa has asked for the halt to remain in place either until the beginning of trade on February 27 or earlier if a market announcement is made.
The mining company is listed on the Australian Securities Exchange (ASE).
Last month, Lucapa announced that – along with its mining partners Endiama and Rosas & Petalas – it had begun alluvial diamond mining at the Lulo Diamond Concession in Angola’s Lunda Norte diamond province.