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Arctic Star Exploration Corp V.ADD

Alternate Symbol(s):  ASDZF

Arctic Star Exploration Corp. is a natural resource company. The Company is a diamond explorer engaged in the acquisition, exploration, and development of mineral properties. Its projects include Diagras Diamond Project and Timantti Diamond Project. Diagras Diamond Project is located in the north-eastern part of the prolific Lac de Gras kimberlite field, approximately 22 kilometers (km) north-northeast of the Diavik diamond mine and 36 km east of the Ekati diamond mine in the northwestern territories of Canada. Diagras Property consists of 58 contiguous claims with an area of approximately 48,346 hectares. The Timantti Project is located in Finland, approximately 17 km away from the town of Kuusamo. The Timantti project, owned 100% by the Company, consists of two Exploration permits, the 243 Ha Exploration Solavaara Permit and the 882 Hectares Vaimouso permit totaling 1125 Ha. The Project is also comprised of two Diamond Bearing Kimberlites: the Black Wolf and White Wolf Kimberlite.


TSXV:ADD - Post by User

Post by sleepydog1on May 04, 2021 5:28pm
114 Views
Post# 33128720

Can anyone read ???

Can anyone read ??? The ignorance of some humans is staggering ... the pp at .05 was announced on Feb.1 when the share price was at .045 ... it got increased several times because of demand and closed on April.5th when the stock was trading at .085 a week before drilling even started ... all this announcement was on the 30th was the exchange excepting the filing of the documentation like they do for every single financing that is done by anyone a few weeks later ... there is no new financing being done at .05 .... and as for the ratio of ownership it is right in black and white in the news of April.13 that Margaret Lake has chosen not to participate and therefore their interest will be dropped to 23% once Arctic Star completes their exploration budget and if they drop below 10% they are left with 1.5% net smelter ... so Arctic Star has atleast 77% ownership of this project worst case and if Margaret Lake doesn't chalk up some funds here in the future they will be left with nothing .
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