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7936567 Canada Inc SWYDF

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.


GREY:SWYDF - Post by User

Bullboard Posts
Comment by Paviwpgon Jan 07, 2014 5:02pm
170 Views
Post# 22067274

RE:RE:Some news I found in a SWY Facebook post

RE:RE:Some news I found in a SWY Facebook post
From that article:

The final hurdle for the company is to secure adequate financing.

“Our target is to meet this goal by the first quarter of 2014,” said Poirier. “While we had hoped to achieve it by the end of this year, due to the difficulty in the current market it was not possible. We need a little bit more than $800 million, half of which has already been secured. So now we are working towards getting the rest.”

Bullboard Posts