Five Star Diamonds Ltd. is pleased to announce that due to interest from potential investors its previously announced non-brokered private placement has been increased by $500,000 up to 66,666,66 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $1,000,000. Each unit will be comprised of one common share of the Company and one common share purchase warrant with each warrant [...]
Five Star Diamonds Ltd. announces that it is proposing to complete a non-brokered private placement of up to 33,333,333 units of the Company at an offering price of $0.015 per unit for gross proceeds of up to $500,000. Each unit will be comprised of one common share of the Company and one common share purchase warrant with each warrant exercisable for one common shares at a price of $0.05 per share for a period of 12 [...]
Five Star Diamonds Limited announces that it will be relying on the blanket relief granted by the Canadian Securities Administrators in respect of its obligation to file its annual financial statements required by subsection 4.2 of National Instrument 51-102 - Continuous Disclosure Obligations and its annual management's discussion and analysis required by subsection 5.1 of NI 51-102 on or before April 30, 2020; and its [...]
Five Star Diamonds Limited announces that it has issued Common Shares in payment of drilling services provided to the Company pursuant to a drilling for shares arrangement previously announced on April 17, 2018. The Company settled an aggregate amount of $484,698 owing to the drilling contractor for drilling completed on the Company's Brazilian diamond properties through the issuance of 9,693,960 Common Shares at a deemed [...]
Five Star Diamonds Ltd. is pleased to announce that the Board of Directors of the Company has approved a proposed name change of the Company to "Aranjin Resources Ltd". The completion of the name change remains subject to TSXV approval. Coinciding with the name change, the Company expects to retain its trading symbol, "STAR." On behalf of the Board Matthew Wood Chairman Five Star Diamonds Ltd. +1.647.981.1703 Cautionary [...]
Five Star Diamonds Ltd. is pleased to announce that it has entered into agreements to acquire a 100% interest in two highly prospective porphyry copper projects in southern Mongolia through a combination of work programs, deferred cash payments and the issuing of STAR shares. The Company has the rights to acquire a 100% interest in the 150 square kilometer Baruun Tal Copper Project located in in the World Class South Gobi [...]
Five Star Diamonds Ltd. provides the following corporate update. Further to the press release dated March 25, 2019, announcing a binding letter of intent between the Company and Spirit Banner II Capital Corp. to complete a proposed transaction whereby SB2 would acquire the Company’s diamond projects in Brazil, the parties announce today that they have been unable to negotiate the terms of a definitive agreement [...]
Five Star Diamonds Ltd. is very pleased to announce the appointment of Ms Solongo Gunsendorj to the Company’s Board as a Director with immediate effect. Ms Gunsendorj is a Mongolian National with considerable experience in the resources sector across a range of commodities including copper, gold, coal, iron and hydrocarbons. Ms Gunsendorj is an executive at boutique Mongolian investment firm Garrison Capital [...]
Five Star Diamonds Ltd. announces that it has completed its debt settlement transaction as previously announced on August 2, 2018 . The Company settled an aggregate amount of $767,511 of debt owing to certain officers, directors and service providers to the Company through the issuance of 3,837,556 common shares of the Company at a deemed issuance price of $0.20 per Common Share. The amount settled includes $479,842 in [...]
Five Star Diamonds Ltd. is pleased to announce it has commenced trading on the OTC Markets in the U.S. under symbol FVVSF:US. The Company also wishes to share recent marketing updates including its sponsorship of the 7th Brazilian Conference on the Geology of Diamonds. Jeremy South, Senior VP and CFO presenting at the HKIMA Conference in Hong Kong. Frederico Bernandez, Chief Plant Engineer presenting at the Annual [...]
Five Star Diamonds Ltd.Five Star Diamonds Ltd. is pleased to announce very promising results from the ongoing diamond drilling programme at the Catalao project. Figure 01 – Location of the kimberlite pipes at the Catalao Diamond Project. Figure 02 – Magnetic response over CAT-11 targets/pipes. Figure 03 – CAT-01K kimberlite. Hole CAT-DDH-18-023 . Figure 04 – Diamond drilling at the Maravilha [...]
TORONTO, Aug. 02, 2018 -- Five Star Diamonds Ltd.Five Star Diamonds Ltd. is pleased to announce the following update on financing and other activities. As previously disclosed, the Company has been pursuing a twin strategy of seeking funding solutions for the development of its Catalao Diamond Project while continuing to drill selected development projects, most recently with drilling at the Maravilha diamond project [...]