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Star Diamond ( (TSE:DIAM) ) has provided an announcement.
Star Diamond Corporation announced a non-brokered convertible note private placement to raise up to C$500,000. This financing initiative involves issuing convertible promissory notes and share purchase warrants, with the proceeds intended to support general working capital and discussions for a pre-feasibility study for the Fort à la Corne project. The offering is expected to close in multiple tranches by February 28, 2025, and requires TSX approval. Insiders may participate up to 25% of the offering.
More about Star Diamond
Star Diamond Corporation operates in the mining industry, focusing on the exploration and development of diamond resources. The company’s primary focus is on the Fort à la Corne kimberlites, a significant diamond-bearing formation.
YTD Price Performance: 0%
Average Trading Volume: 88,098
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.72M
See more data about DIAM stock on TipRanks’ Stock Analysis page.
