Rights issue by Petra Diamonds Limited

Deal typeCapital Markets & Transaction Services
IndustryNatural resources & Energy
Sub-industryNatural resources
Client namePetra Diamonds Limited
In October 2025, Petra Diamonds Limited published a prospectus in respect of a proposed 10 for 17 rights issue and the issue of shares in connection with a refinancing.  The Rights Issue is expected to raise gross proceeds of approximately US$25 million. Petra Diamonds is a leading independent diamond mining group and a supplier of gem and near-gem quality rough diamonds to the international market.

BDO acted as reporting accountant to Petra Diamonds.

The BDO project team included:

Jeff Harris, Alistair Kelsey, David Wright, Nick Gee, Karishma Nagar, Mohammed Khalaf.