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Message: NAD completes private placement to Atticus

NAD completes private placement to Atticus

posted on Dec 04, 2009 06:59AM

See below, i am glad to see that Atticus is still fully commited to Legend/NAD.

http://www.nadl.com.au/pdf/ASX_reissue_of_shares_to_Attara_041209.pdf

Issue of Shares to Attara Fund Ltd (formerly Atticus Capital LP)


The Directors of North Australian Diamonds Limited (“NADL”) are pleased to announce the placement to Attara Fund Ltd (formerly Atticus Capital LP) of 253, 573,000 fully paid ordinary shares at a price of 4.6 cents per share raising $11,664,358.
As a result of this placement and the placement announced on 2 December 2009, the Company is in a strong financial position to aggressively advance its flagship Merlin diamond project and its key exploration projects including Lancelot, Merlin Orbit, Borroloola alluvials and Arnhem land.

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