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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 Bigoil2113on Oct 17, 2023 4:57pm
191 Views
Post# 35687926

so the 300kCad will be used to do the following ?

so the 300kCad will be used to do the following ?Among other costs, the company will use the proceeds from the offering as follows: (i) 18 per cent will be used to pay legal expenses; (ii) 14 per cent will be used to pay accounting expenses, including an officer of the company; (iii) 10.6 per cent will be used to pay for geological services, including to a director of the company; (iv) 13.3 per cent will be used to pay for consulting work; and (v) 33.3 per cent will be used for general working capital. Other than as disclosed above, there are no payments to non-arm's-length parties or to any persons conducting investor relations activities

what a disaster PP and BD are: Both are scam artists 
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