Margaret Lake Diamonds announces the oversubscribed closing of its previously announced non-brokered private placement of 7,850,000 units at a price of $0.10 per Unit, for aggregate gross proceeds of $785,000. Each Unit consists of one common share of the Company and one-half of one transferable common share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional Common Share at a price [...]
Vancouver, British Columbia / TheNewswire / July 13, 2015 - Margaret Lake Diamonds Inc. ("MLD", the "Company") (TSXV: DIA) announced on December 2, 2014 that it had earned an undivided 60% interest in the Margaret Lake Diamond Property (the "Property" or the "Claims"), comprised of nineteen mineral claims totalling 48,720.2 acres or 19,716.37 hectares ("ha") contiguous to the north and west of [...]
Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (“MLD”, the “Company”) (TSXV: DIA), in conjunction with its geophysical consultants, has completed a review of airborne gravity gradiometry (“AGG”) data which was acquired for the Margaret Lake property in late 2014. The data review has identified 12 high priority targets that require evaluation by drilling. The Margaret Lake Diamond Property (the [...]
Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (TSXV: DIA) (“MLD” or the "Company") is pleased to announce that it has earned an undivided 60% interest in the Margaret Lake Diamond Property (the “Property” or the “Claims”), comprised of nineteen mineral claims totaling 48,720.2 acres or 19,716.37 hectares (“ha”) contiguous to the north and west of Kennady Diamonds Inc.'s Kennady North Project. The [...]
Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (TSXV: DIA) (“MLD” or the “Company”) announces that it has closed the first tranche (the “First Tranche”) of a non–brokered private placement (the “Private Placement”) announced September 23, 2014, for total gross proceeds of $592,300. The Private Placement is for 3,000,000 non-flow through units (each a “Unit”) at a price of $0.25 per Unit and up to [...]
Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (“Margaret Lake”, “MLD”, the “Company”) (TSXV: DIA) under an option agreement with Canterra Minerals Corp. (“Canterra”) (TSXV: CTM) has the right to acquire an aggregate 49% right, title and interest in and to Canterra’s Marlin Property (the “Marlin Property”) in the Northwest Territories. The Marlin Property comprises 23 mineral claims covering an area [...]
Margaret Lake Diamonds announces that, subject to TSX Venture Exchange approval, it will proceed with a non–brokered private placement of up to 3,000,000 non-flow through units at a price of $0.25 per Unit and up to 1,200,000 flow through common shares of MLD at a price of $0.28 per FT Share for combined gross proceeds of up to $1,086,000. There is no minimum for the Private Placement. Each Unit will be comprised of one [...]
Margaret Lake Diamonds exploration efforts are focused on the 23,199 hectare Margaret Lake property in the Northwest Territories, some 300km northeast of Yellowknife. Management considers this property to be highly prospective for new diamond discoveries, as it is immediately north of discoveries by Kennady Diamonds, and only 10km from the Gahcho Kué diamond mine being developed by De Beers and Mountain Province Diamonds [...]
Margaret Lake Diamonds and Canterra Minerals Announce Option Agreement on Marlin Property Vancouver, British Columbia (FSCwire) - Margaret Lake Diamonds Inc. (“Margaret Lake”)(TSXV: DIA) and Canterra Minerals Corporation (“Canterra”)(TSXV: CTM), are pleased to announce that they have entered into an Option Agreement (the “Option Agreement”) whereby Margaret Lake has been granted, subject to the acceptance of the TSX [...]
Margaret Lake Diamonds exploration efforts are focused on the 23,199 hectare Margaret Lake property in the Northwest Territories, Canada, some 300km northeast of Yellowknife. Management considers this property to be highly prospective for new diamond discoveries, as it is immediately north of discoveries by Kennady Diamonds, and only 10km from the Gahcho Kué diamond mine being developed by De Beers and Mountain Province [...]
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