Star Diamond (TSE:DIAM) has released an update.
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Star Diamond Corporation is facing challenges in securing financing for a Pre-Feasibility Study on the Star-Orion South Diamond Project, as attempts with various financial entities have been unsuccessful. To address this, the company is exploring alternative financing options, including asset sales and reaching out to wealthy individuals and groups. The management is also working to reduce expenses while seeking these financial solutions.
For further insights into TSE:DIAM stock, check out TipRanks’ Stock Analysis page.
