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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7936567 Canada Inc

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Comment by explmanon Aug 27, 2019 6:23pm

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Post# 30072411

RE:shares

I love your spunk Roberto...but here is a reality check. The TSX will delist them if they fail to meet the listing requirements for a TSX company. There is nothing that can be done about that. I could then swoop in, buy the debt off the current debt holders for say 25 cents on the dollar, become the new owner of the Renard mine and all the assets associated with it. I could then IPO Renny and Co Diamond Mines on the TSX and if the IPO is successful, have a new public company with new shareholders making money off of the Renard diamond mine. And there is absolutely nothing you or any other shareholder could do about it.

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