Construction Mobilization Proceeding to Plan Renard 2 Confirmed to 970M Vertical Depth in Summer Drilling LONGUEUIL, QUEBEC--(Marketwired - Aug 25, 2014) - Stornoway Diamond Corp. (TSX:SWY)(the "Corporation" or "Stornoway") is pleased to provide an update on progress at the Renard Diamond Project in north central Quebec, Stornoway's C$811m mine development project. Construction commenced on July 10th, following the [...]
MONTREAL, QUEBEC--(Marketwired - Jul 21, 2014) - Stornoway Diamond Corp. (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce that it has entered into a contract for Engineering, Procurement and Construction Management ("EPCM") with SNC-Lavalin Inc. for the Renard Diamond Project. SNC-Lavalin will provide EPCM services for on-site utilities such as the liquid natural gas power plant, the processing plant [...]
MONTREAL, QUEBEC--(Marketwired - Jul 16, 2014) - Stornoway Diamond Corp. (TSX:SWY)(the "Corporation" or "Stornoway") is pleased to announce the appointment of Mr. Douglas Silver to the Corporation's Board of Directors. Mr. Silver is a highly regarded mining and investment executive with more than 30 years of experience in the international mining industry. He is currently a portfolio manager of Orion Mine Finance [...]
Ground Breaking Ceremony Held in the Presence of Philippe Couillard, Premier of Quebec LONGUEUIL, QUEBEC--(Marketwired - Jul 10, 2014) - Stornoway Diamond Corp. (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce that a formal decision to proceed to mine construction and production at the Renard Diamond Project has been made by the Corporation's Board of Directors in connection with the recent closing of [...]
MONTREAL, QUEBEC--(Marketwired - Jul 8, 2014) - Stornoway Diamond Corp. (TSX:SWY)(the "Corporation" or "Stornoway") is pleased to announce that it has closed its previously announced financing transactions (the "Financing Transactions") with Orion Mine Finance, Diaquem Inc. and Ressources Québec (wholly-owned subsidiaries of Investissement Québec), and the Caisse de dépôt et placement du Québec. The Financing Transactions are intended to provide a comprehensive funding package for the construction of the Renard Diamond Project. In total C$946 million(1) has been funded, or committed for funding, through a combination of senior and subordinated debt facilities, equity issuances, an equipment financing facility with ... [...]
MONTREAL, QUEBEC--(Marketwired - Jun 26, 2014) - Stornoway Diamond Corp. (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce the results of voting at its special meeting of shareholders held earlier today on June 26, 2014 in Montréal, Québec (the "Special Meeting") on resolutions relating to the comprehensive financing plan for the Renard Diamond Project which was first announced on April 9th, 2014. Resolution Approving Transactions with Investissement Québec At the Special Meeting, approximately 96.6% of the votes cast by holders of Common Shares (the "Common Shareholders") present (or represented by proxy) and eligi... [...]
MONTREAL, QUEBEC--(Marketwired - Jun 19, 2014) - Stornoway Diamond Corp. (TSX:SWY); (the "Corporation" or "Stornoway") is issuing a reminder that it has convened a special meeting of shareholders to be held on June 26, 2014 at 10:00 a.m. E.T. (the "Special Meeting") at the offices of Norton Rose Fulbright located at 1 Place Ville Marie, 25th Floor, Montreal, Quebec, Canada H3B 1R1. At the Special Meeting, shareholders [...]
MONTREAL, QUEBEC--(Marketwired - May 30, 2014) - Stornoway Diamond Corp. (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce that it has convened a special meeting of shareholders to be held on June 26, 2014 at 10:00 a.m. E.T. (the "Special Meeting"), at which meeting shareholders will be asked to approve certain elements of the financing transactions contemplated in the financing commitment agreement [...]
MONTREAL, QUEBEC--(Marketwired - May 23, 2014) - Stornoway Diamond Corp. (TSX:SWY) (the "Corporation" or "Stornoway") is pleased to announce that it has closed its previously announced public offering (the "Public Offering") of 188,600,000 subscription receipts (the "Subscription Receipts"), at a price of C$0.70 per Subscription Receipt for aggregate gross proceeds of C$132.02m. The subscription receipts are expected to [...]
Stornoway is pleased to announce that a receipt has been issued by the Autorité des marchés financiers du Québec and the securities commission or regulatory authority of each of the other provinces of Canada in connection with the filing by Stornoway on May 13, 2014 of a final prospectus relating to Stornoway's marketed public offering of subscription receipts. Closing of the offering is expected to occur on or about May [...]
Stornoway is pleased to announce the filing of a final prospectus in all of the provinces of Canada relating to Stornoway's marketed public offering of subscription receipts first announced on April 9, 2014. A receipt for the final prospectus has not yet been issued by the Autorité des marchés financiers du Québec or any other Canadian securities regulatory authority. Under the terms of the Offering, Stornoway will issue [...]
Stornoway announced today the filing of an amended and restated preliminary prospectus in all of the provinces of Canada which amends and restates the first amended and restated preliminary prospectus dated April 10, 2014 relating to Stornoway's marketed public offering of subscription receipts. The amendments include an amendment to the terms of the subscription receipts such that, upon satisfaction or waiver of the [...]