TORONTO, ONTARIO--(Marketwired - May 1, 2017) - Five Star Diamonds Ltd. (TSX VENTURE:STAR) (the "Company" or "Five Star Diamonds") is very pleased to provide the following update on recent activities in Brazil. Highlights Successful completion of the pilot mining and processing programme at the Catalao Diamond Project. This has highlighted the potential for a commercial operation within the oxide zones of the Cat1A [...]
Five Star Diamonds is pleased to announce that it has completed the previous announced acquisition of all of the issued and outstanding ordinary shares of Five Star Diamonds. The Transaction constitutes the Company's Qualifying Transaction under the TSX Venture Exchange Policy 2.4 - Capital Pool Companies. The Transaction was effected by way of a three-cornered merger between a wholly-owned subsidiary of the Company and [...]
Turquoise Capital is pleased to announce that it has filed the Filing Statement for its previously announced proposed Qualifying Transaction involving Five Star Diamonds Ltd. A copy of the Filing Statement can be found on SEDAR under the Turquoise's profile at sedar.com. The TSX Venture Exchange has conditionally approved the Qualifying Transaction and the listing of the resulting issuer on Tier 1 of the exchange under [...]
Turquoise Capital is pleased to announce it has received conditional approval from the TSX Venture Exchange for its qualifying transaction with Five Star Diamonds Limited, in accordance with TSXV Policy 2.4 - Capital Pool Companies. As previously disclosed in press releases dated September 12, 2016 and February 23, 2017, under the terms of the Transaction Turquoise will acquire all the issued and outstanding ordinary [...]
Turquoise Capital is pleased to provide the following update on its proposed qualifying transaction with Five Star Diamonds Ltd. initially announced on September 12, 2016. In connection with and as a condition to the completion of the Transaction, Turquoise will undertake a non-brokered private placement financing of a minimum of 13,333,333 and a maximum of 20,000,000 Turquoise common shares at a price of $0.30 per share [...]
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