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Dermot Desmond buying more Kennady Diamonds (V:KDI)

Updated Wednesday Jun 14, 2017 02:02 AM EDT

Dermot Fachtna Desmond, a 10% Holder, acquired 43,100 Common Shares on an indirect ownership basis for registered holder Bottin (International) Investments Ltd. at a price of $3.600 on June 12th, 2017. This represents a $155,160 investment into the company's shares and an account share holdings change of 0.5%.

Kennady Diamonds is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Kennady Diamonds Inc. (Kennady Diamonds) is a Canada-based diamond exploration company. The Company is a resource company, which is involved in the exploration, discovery, evaluation and development of diamond properties in Canada's Northwest Territories. Kennady Diamonds holds interest in over 20 federal leases and approximately 60 claims in the Kennady North diamond project. The Kennady North diamond project is in exploration-stage and is located approximately 300 kilometers north-east of Yellowknife in Canada's Northwest Territories. The Kennady North diamond district has an area of approximately 61,000 hectares. The Company's Kennady North area has diamond-bearing Kelvin, Faraday and Hobbes kimberlites. Kennady Diamonds has completed over 30 reverse-circulation (RC) holes along the Kelvin North Lobe resulting in the recovery of approximately 580 tons of kimberlite. In addition, it has completed over three ice-based infill RC holes at the Kelvin Southeast Lobe.

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Go to Kennady Diamonds Inc. (KDI)'s company page

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