Star Diamond is pleased to announce that Mr. Nelson Karun has joined the technical team as a Diamond Specialist. Mr. Karun will be responsible for providing the Company with detailed diamond sorting and valuation information. Since 2021, Mr. Karun has provided diamond sorting services to the Company as a consultant. Mr. Karun has extensive diamond industry experience, having commenced with Dominion Diamond Corp. in 2002 [...]
Star Diamond announces that it is extending the expiry date and amending the exercise price of the common share purchase warrants of the Company issued on April 6, 2022 and April 21, 2022. The amendments will take effect on February 23, 2024. Pursuant to the Warrant Extension the term of the Warrants will be extended by 18 months, such that after giving effect to the Warrant Extension, each Warrant issued on April 6 [...]
Star Diamond is pleased to provide this update on Star Diamond's acquisition of Rio Tinto Canada Inc's 75% interest in the Fort à la Corne Joint Venture pursuant to the agreement dated November 28, 2023 entered into between Star Diamond and RTEC. Star Diamond and RTEC have worked together diligently to submit the documentation required to complete the transfer of the Permit to Operate for the Fort à la Corne properties [...]
Star Diamond announces that it has closed the second and final tranche of the previously announced non-brokered private placement for gross proceeds of C$785,901. The total proceeds raised in the Offering was C$1,110,041. Pursuant to the closing of the second tranche of the Offering, the Company issued: i) 8,548,905 units of the Company at a price of C$0.09 per Unit for gross proceeds of C$769,401, with each Unit [...]
Star Diamond announces that it has closed the first tranche of the previously announced non-brokered private placement for gross proceeds of C$324,140. These proceeds are from the issuance of 2023 "flow-through" units of the Company, which are required to be issued prior to December 31, 2023 to ensure investors qualify for the associated 2023 tax deductions and Mineral Exploration Tax Credits. The Company intends to close [...]
Star Diamond Corp. notes that in response to a significant number of enquiries received from existing shareholders regarding their eligibility to participate in the financing announced Dec 15, 2023, the Company provides the following clarification: The Company advises that if you are an existing shareholder interested in participating in the Offering at a minimum subscription amount of $10,000, please contact [...]
Star Diamond announces a non-brokered private placement to raise gross proceeds of up to C$2.0 million. The Offering will consist of any combination of units of the Company at a price of C$0.09 per Unit; and "flow-through" units of the Company at a price of C$0.11 per FT Unit, subject to maximum aggregate gross proceeds of C$2.0 million. Each Unit shall consist of one common share of the Company and one common share [...]
Star Diamond Corp. is pleased to provide this technical update on the Orion North Kimberlites. Orion North is a cluster of four contiguous kimberlites that have been erupted in close proximity to each other. These four kimberlites that form Orion North represent the largest volume of contiguous, diamond-bearing kimberlite on Earth. The four kimberlites within Orion North are referred to by their original geophysical [...]
Star Diamond is pleased to announce that, subsequent to the recently announced transaction with Rio Tinto Exploration Canada Inc. whereby Star Diamond has agreed to acquire all of RTEC's interest in the Fort à la Corne Joint Venture, Star Diamond's technical team is once again now focussed on the technical investigation and evaluation of the Star - Orion South Diamond Project, with the aim of a future development [...]
Star Diamond is pleased to announce that it has today entered into a binding agreement with Rio Tinto Exploration Canada, providing for the transfer by RTEC to Star Diamond of all of RTEC's 75% interest in the Fort à la Corne diamond project located in central Saskatchewan. The Agreement provides that, upon closing: RTEC will transfer to Star Diamond all of RTEC's 75% interest in the Project, such that the Project will be [...]
Star Diamond reports that the unaudited financial results for the quarter ended September 30, 2023, will be filed today on SEDAR+ and may be viewed once posted. Overview Star Diamond Corp. is a Canadian natural resource company focused on exploring and developing Saskatchewan's diamond resources. Star Diamond currently holds, through a joint venture arrangement with Rio Tinto Exploration Canada Inc. , a wholly-owned [...]
Star Diamond is pleased to announce the name of the winning diamond brand from over 1,000 names submitted in the "Name our Diamonds" contest, which was launched on Oct 11, 2023. The winning brand name K?w?tin, which is pronounced as "kee-way-tin", is derived from the Cree Nation language and translates into "north wind". This name is highly symbolic of the Fort à la Corne project area and the surrounding First Nations [...]