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Southstone Minerals Ltd V.SML

Alternate Symbol(s):  FDGMF

Southstone Minerals Limited is a Canadian junior mining company. The Company is engaged in the acquisition, exploration, evaluation, development and mining of mineral properties. The Company holds a 43% interest in the Oena Diamond Mine (Oena), which is located in the Northern Cape Province, Republic of South Africa that consists of one New Order Mining Lease. Oena is a producing alluvial diamond property. Oena is approximately 8,800 hectares in size and covers a 4.8 kilometers (kms) wide strip along a 15 kms length of the lower Orange River. The property has two separate and distinctly different aged diamondiferous bearing paleochannel gravels: Proto-terraces and Meso-terraces. Its subsidiaries include TGV Resources (Pty) Ltd, African Star Minerals (Pty) Limited and GAH Mining (Pty) Ltd.


TSXV:SML - Post by User

Bullboard Posts
Post by rayparon Jul 19, 2016 10:46pm
174 Views
Post# 25067380

C$3 Million private placement!!!!

C$3 Million private placement!!!!How many days to complete this private placement of three million dollard .... is this possible by Friday, July 22 I think so because probably some institutions are already in contact with the administrator. I think there will be much movement in the share price in the coming days. I can not wait to see who will be the buyer of the private placement. Perhaps in part by Vanderbilt and Firestone or some administrator.

I believe there will be some news release in the coming days. IMHO!

GLTA put your share in a srong box and wait for the big news.

Raypar

Bullboard Posts