24 September 2025
24 September 2025
A total of 36,927,650 common shares were sold on a private placement basis with each share priced at C$1.98 ($1.43).
The Government of Botswana already holds a 15% stake in the diamond company and aims to increase that to more than 50%.
The contract is valued at approximately Skr280m ($29.96m).
DKM plans to assess the mineralisation and potential of the project during the exclusive option period.
Timah CEO Restu Widiyantoro noted that the company’s efforts to curb illegal mining would help achieve the targets.
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