LONGUEUIL, QUEBEC -- (Marketwire) -- 07/04/12 -- Stornoway Diamond Corporation (TSX: SWY) is pleased to report that it has received the results of a feasibility study on a 161kV powerline to supply grid power to the Renard Diamond Project, Stornoway's 100% owned flagship asset located in north-central Quebec.
The powerline study was conducted on behalf of Stornoway by Hydro-Quebec, the provincially owned utility [...]
MONTREAL, QUEBEC -- (Marketwire) -- 06/12/12 -- Stornoway Diamond Corporation (TSX: SWY) is pleased to announce the filing on SEDAR of a National Instrument ("NI") 43-101 technical report representing the first Mineral Resource estimate for the Q1-4 kimberlite pipe located at Stornoway's 100% owned Qilalugaq Diamond Project in Nunavut, Canada. The Qilalugaq Diamond Project includes the Qilalugaq kimberlite pipes and the [...]
MONTREAL, QUEBEC -- (Marketwire) -- 06/08/12 -- Stornoway Diamond Corporation (TSX: SWY) is pleased to announce the recent successful completion of public consultations on the Renard Diamond Project held by the Canadian Environmental Assessment Agency ("CEAA"), the Department of Fishery and Oceans, Environment Canada and Natural Resources Canada. The consultations were held in Chibougamau and Mistissini between June 5th [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/31/12 -- Stornoway Diamond Corporation (TSX: SWY) is pleased to announce the relocation of its head office to Montreal, Quebec from North Vancouver, British Columbia, effective immediately. The relocation reflects Stornoway's focus on the successful development of the 100% owned Renard Diamond Project, which is on track to becoming Quebec's first diamond mine.
LONGUEUIL, QC, May 30, 2012 /CNW Telbec/ - This Thursday, May 31, Patrick Godin, Vice President and Chief Operating Officer of Stornoway Diamond Corporation (TSX: SWY), invites media representatives to a press briefing during which an important announcement will be made concerning Stornoway's activities in Quebec.REMINDER:WHAT:Press briefing WHO:Stornoway Diamond Corporation WHEN:Thursday, May 31, at 11:00 [...]
LONGUEUIL, QC, May 30, 2012 /CNW Telbec/ - This Thursday, May 31, Patrick Godin, Vice President and Chief Operating Officer of Stornoway Diamond Corporation (TSX: SWY), invites media representatives to a press briefing during which an important announcement will be made concerning Stornoway's activities in Quebec.REMINDER:WHAT:Press briefing WHO:Stornoway Diamond Corporation WHEN:Thursday, May 31, at 11:00 [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/23/12 -- Stornoway Diamond Corporation (TSX: SWY) is pleased to announce a significant pre-development capital program for 2012 at the 100% owned Renard Diamond Project ("Renard") located in north-central Quebec. In November 2011 Stornoway released the results of the Renard Feasibility study, which demonstrated an economically viable project with an initial 11 year [...]
Stornoway is pleased to announce that on May 3, it entered into a $20 million unsecured debt facility with the Fonds de solidarité FTQ, the Fonds régional de solidarité FTQ Nord-du-Québec, S.E.C. and Investissement Québec, through its indirect wholly-owned subsidiary Diaquem. The proceeds of the facility shall be used to finance pre-development work at the Renard Diamond Project, including the initiation of detailed [...]
Stornoway Diamond is pleased to announce the closing of a private placement with Stornoway's largest shareholder, Diaquem Inc., an indirect wholly-owned subsidiary of Investissement Québec, for aggregate gross proceeds of $5,097,950. The Private Placement was completed as a result of the exercise by Diaquem Inc. of its pre-emptive right, and upon the same terms as the units issued by the Corporation pursuant to a public [...]
Stornoway is pleased to announce that it has completed its bought deal equity financing previously announced on March 8, 2012 for aggregate gross proceeds to Stornoway of $15 million. Scotia Capital Inc., as sole underwriter, purchased 15 million units, each consisting of one common share of Stornoway and one-half of one common share purchase warrant of Stornoway (a "Warrant"). The Units were sold at a price of $1.00 per [...]
Stornoway is pleased to announce that it has entered into an Impacts and Benefits Agreement for the Renard Diamond Project with the Cree Nation of Mistissini and the Grand Council of the Crees / Cree Regional Authority. The new agreement, designated the "Mecheshoo Agreement", was signed by representatives of Stornoway and the Cree parties at a ceremony
Stornowayis pleased to report that two very successful open houses were recently held in the communities of Chibougamau and Mistissini, Quebec, for the purposes of presenting the findings of the Environmental and Social Impact Assessment ("ESIA") for the Renard Diamond Project. The Renard ESIA, which was authored by Roche Ltd. and filed with Quebec and federal regulators on December 28th, 2011, is a comprehensive document [...]