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Diamcor launches C$5m financing

South Africa-focused diamond project developer Diamcor has launched a C$5-million brokered private placement, the company said on Tuesday.
Proceeds from the offering will be used for the acquisition of additional operational equipment and materials to support the continued advancement of the company’s Krone-Endora at Venetia project, in South Africa’s Limpopo province, and for general and administrative purposes.