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Reissue: Half-yearly results for the six mont...
Karelian Diamond Resources plc reported a loss after taxation of €165,591 for the six months ended 30 November 2025, compared to a loss of €121,186 in the prior year period, with net assets standing at €10,183,925. The company continues its exploration for Nickel, Copper, and Platinum Group Elements in Northern Ireland, holding a significant licence package over 1000 km², and is advancing discussions for strategic or partnership finance to develop the Lahtojoki diamond deposit in Finland, where it was granted a mining concession certificate in June 2025. Exploration also continued in Finland's Kuhmo region, focusing on geophysical Anomaly 5. The company raised £185,000 through a placing of new shares at 0.75 pence per share and is exploring further financing options. Disclaimer*
About this update from Karelian Diamond Resources Plc
27 February 2026 Karelian Diamond Resources plc (“Karelian” or “the Company”) Half-yearly results for the six months ended 30 November 2025 Please be advised that this announcement is a reissue of the one published at 7am this morning. The announcement is being reissued to facilitate display on third-party vendor screens. Karelian Diamond Resources plc (AIM: KDR), the diamond exploration company focused on Finland, announces its unaudited results for the six months ended 30 November 2025. Details of these can be found below and a full copy of the interim results statement can be viewed on the Company’s website (www.kareliandiamondresources.com). Highlights of the half-year period included: In Northern Ireland t he Company holds a significant licence package covering over 1000 km ² and has established first mover advantage. It continues to advance its exploration programme for Nickel, Copper and Platinum Group Elements. Exploration work also continued in the Kuhmo region in Finland with the Company focussing in particular on the geophysical Anomaly 5 as a priority. It lies up-ice of the green-diamond find. At the Lahtojoki diamond deposit Karelian was, in June, granted a mining concession certificate and the focus of the Company’s efforts over the last number of months have been on advancing discussions with a view to securing appropriate strategic or partnership finance to progress development. Brendan McMorrow, Chairman of Karelian Diamonds, stated: “The Company is looking forward to progressing with the work programmes on its highly prospective Nickel, Copper and Platinum Group Element targets in Northern Ireland (including a tangible Copper target) and a clear work programme and strategy has been identified for its exploration assets in Finland. The Board remains confident regarding the prospects for the Company”. Further information: Karelian Diamond Resources plc Brendan McMorrow, Chairman / Maureen Jones, Managing Director +353-1-479-6180 Allenby Capital Limited (Nomad) Nick Athanas / Nick Harriss +44-20-3328-5656 Albr Capital Limited (Joint Broker ) Lucy Williams / Duncan Vasey +44-20- 7469 -0930 CMC Markets (Joint Broker ) Douglas Crippen +44-20- 3003 - 8632 Lothbury Financial Services Michael Padley +44-20-3290-0707 Hall Communications Don Hall +353-1-660-9377 http://www.kareliandiamondresources.com Chairman’s Statement Dear Sha...
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