Star Diamond and Minespider announced that they have partnered to launch the Diamond Passport and comply with the new G7 rules. Recently, the G7 countries have put a direct ban on Russian diamonds and agreed to establish a verification and certification mechanism for rough diamonds to prove the origin to ensure diamonds are not mined, processed, or produced in conflict zones. Having over 6 years of traceability experience [...]
Star Diamond announced the completion of its previously announced transaction with Rio Tinto Exploration Canada Inc. whereby RTEC has transferred to Star Diamond all of RTEC's 75% interest in the Fort à la Corne diamond project. Star Diamond now owns 100% of the Project. In connection with the completion of the Transaction, Star Diamond today issued 108,204,112 common shares to RTEC, such that RTEC and its affiliates now [...]
Star Diamond reports that the audited financial results for the year ended December 31, 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 subsidiary [...]
Star Diamond is pleased to announce that its Board of Directors has appointed Ewan Mason to the position of President and Chief Executive Officer, effective immediately. Mr. Mason has served as Interim President and Chief Executive Officer since January 1, 2023. Mr. Mason will continue to serve as Chair of the Company's Board. "We are pleased to name Ewan Mason as the President and CEO of Star Diamond," said Lisa Riley [...]
Star Diamond Corp. is pleased to provide this technical update on the opportunity for Carbon capture using processed kimberlite from the Star - Orion South Diamond Project. This process is known as Carbon mineralization and preliminary studies referenced below indicate that kimberlite waste rock from these kimberlites may indeed function as a significant sink of atmospheric CO2. Highlights The most common mineral in [...]
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 [...]
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