7936567 Canada Inc SWYDF

Metals & Mining Industrial Metals & Minerals

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.

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Comment by pierrelebelon Sep 10, 2019 9:28am

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Post# 30111984

RE:swy

roberto10 ' "...if shares go to 0 value ,then the company value is 0..."

You got it. The shares are worth zero, so the company is worth zero. It does not matter if it has one, one million or one trillion shares. Still worth zero.

The question is no longer "who owns the company" but who owns the assets of the company?

Assets are basically owned by the creditors.

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