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Lucara Diamonds terminates Paragon’s Mothae acquisition agreement

AIM-quoted diamond company Paragon Diamonds has received a notice of termination for its share purchase agreement with Lucara Diamonds for the acquisition of the Mothae kimberlite in Lesotho. The company maintains the view that the...

Temporary suspension of shares for Paragon Diamonds

The directors of Paragon Diamonds, the AIM-quoted diamond development company, have requested a temporary suspension in the trading of its shares with immediate effect (Monday afternoon) pending clarification of financial position. Paragon currently has limited...

Lucara Diamonds grants Paragon extension to complete acquisition funding

AIM-listed diamond developer Paragon Diamonds has been granted a time extension by Lucara Diamonds to complete raising the necessary funding (US$15 million) to acquire the Mothae kimberlite project in Lesotho. Paragon’s funding package is with...

Paragon Diamonds independent study at Mothae exceeds initial expectations

Lesotho - Paragon Diamonds, the AIM listed diamond company, has revealed that two independent studies carried on the Mothae kimberlite project which it is acquiring from Lucara Diamonds, have exceeded initial expectations. The MSA Group...

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