Strike Diamond is pleased to report that it has been successfully awarded three new exploration licenses by the Government of Newfoundland & Labrador covering the Garland I, Garland II and Garland III Projects. Strike Diamond is pleased to acquire an early-mover position in the Garland exploration camp. In addition to the significant market attention and interest being paid to the area, it is worth noting that Diamond [...]
Strike Diamond Corp. reports that it has accepted the resignation of Jody Dahrouge as Vice-President, Exploration of the Corporation. Strike Diamond would like to thank Mr. Dahrouge for his services and wishes him well in his future endeavors.
Strike Diamond reports an update on its proposed property transaction with Wildcat Exploration Ltd. The Proposed Transaction was originally announced by the Corporation through news release dated May 12, 2015. Since the May Announcement, Strike Diamond advises that Wildcat has been unable to close the proposed property transaction in a timely manner that accords with the terms of the agreement.
Strike Diamond reports that the Government of Saskatchewan has granted regulatory relief to the Corporation with respect to Strike Diamond’s Sask Craton project located in Northern Saskatchewan. The Regulatory Decision follows a government review and a legal submission made by the Corporation with respect to the unprecedented forest fire situation in Saskatchewan. Strike Diamond reports that there is substantial forest [...]
Strike Diamond is pleased to report that it has closed the first tranche of its previously announced financing for gross proceeds of $170,200. A total of 3,404,000 units were issued in Tranche One consisting of both Flow-Through Units and Common Share Units. A total of 3,200,000 Flow Through Units were issued at a price of $0.05 per flow-through unit, with each flow-through unit consisting of one common share and one-half [...]
Strike Diamond reports that further to its news release dated May 19, 2015 which announced a common share and flow-through financing, the Corporation intends to change the pricing of the flow-through financing to $0.05 per flow-through unit as compared to the previously announced $0.06 per flow-through unit. All other terms and aspects of the previously announced Financing remain the same.
Strike Diamond is pleased to announce that it intends to conduct a non-brokered private placement of up to 6,666,667 flow-through units at a price of $0.06 per flow-through unit to raise gross proceeds of up to $400,000 and up to 2,000,000 common share units at a price of $0.05 per common share unit to raise gross proceeds of up to $100,000.
Strike Diamond is pleased to announce that it has entered into a non-binding letter of intent to vend certain mineral claim interests held by Strike Diamond in the Pikoo diamond district to Winnipeg-based Wildcat Exploration Ltd.. As consideration for the mineral tenure in the proposed transaction, Strike Diamond is expected to receive 3,500,000 common shares of Wildcat Exploration Ltd., which are anticipated to [...]
Strike Diamond is pleased to report the results of its inaugural till sampling program conducted last fall at its Saskatchewan diamond exploration project. That exploration program was designed to sample select portions of the Corporation’s Sask Craton and Sask Craton North properties which tie-on to or are proximate to North Arrow Minerals Inc. and Stornoway Diamond Corp.'s Pikoo Property where diamondiferous kimberlites [...]
Strike Diamond is pleased to report that it has closed its previously announced financing for total gross proceeds of $359,999.94. The Financing Total consisted of two tranches, the first announced on February 24, 2015, being for 5,000,833 units for gross proceeds of $300,049.98, and a second tranche announced by way of this news release consisting of 999,166 units for gross proceeds of $59,949.96. Each unit consisted of [...]
Strike Diamond reports that it has accepted the resignation of Geoff Balderson as a non-independent director of Strike Diamond. The Corporation would like to thank Mr. Balderson for his services and wishes him well in his future endeavors.
Strike Diamond is pleased to report that it has closed the first tranche of its previously announced financing for gross proceeds of $300,049.98. As a result, a total of 5,000,833 Units of the Corporation have been issued. Each Unit consists of one common share and one common share purchase warrant to acquire one additional common share at a price of $0.10 for a period of twelve months from the date of closing.