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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

Comment by rob1237on Sep 12, 2019 2:20pm
330 Views
Post# 30120794

RE:In the bankcrupty case

RE:In the bankcrupty case
dandu1924 wrote: A lot of people  miss the big point, for the shareholders in bankcrupt case this is the end and you lost your money ( the share = 0) , this is very clear from the Minister of Quebec, sorry for the all shareholders, they lost their money  because  they are not protected by the law. So just the bigs creditors will have some return, but not garanty.


 This one will not return nor trade again on the stock exchange. Osisko royalties are entitled to buy the assets as they are secured creditors. SWY no longer exists. 100 % loss for common share holders. U as an ivestor gets ZERO. U lost all ur money 100%. End of story. 
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