Stornoway Diamond Corp.

MONTREAL, QUEBEC--(Marketwired - Apr 15, 2014) - Stornoway Diamond Corp. (TSX:SWY)(the "Corporation" or "Stornoway") is pleased to announce the commencement of the 2014 drill program at the Renard Diamond Project in Québec. The current drilling will test the resource potential of the Renard 2 kimberlite below the base of the currently defined Indicated Mineral Resource at 600 meters below surface, at which level Renard 2 is interpreted to be at its maximum size. Two drill rigs are currently set-up on surface at Renard 2 and are undertaking tightly constrained, deep directional drilling from within the kimberlite. The objectives of the program are: The conversion of the estimated 6.2 mCarats of Inferred Mineral Resources between 600m and 7... [...]

Stornoway is pleased to announce that it has entered into a binding financing commitment agreement with Orion Co-Investments I Limited, Ressources Québec, a wholly-owned subsidiary of Investissement Québec, and the Caisse de dépôt et placement du Québec for the construction of the Renard Diamond Project. The Agreement contemplates a series of [...]

Stornoway announced today that while it does not generally respond to rumors or media speculation, Stornoway is aware of unusual trading activity in its common shares and reports that the Company is in advanced negotiations with a number of parties regarding a comprehensive financing plan for its Renard diamond project located in north-central [...]

LONGUEUIL, QUEBEC--(Marketwired - Mar 24, 2014) - Stornoway Diamond Corp. (TSX:SWY) announces that it has drawn on the second tranche of its unsecured non-revolving bridge credit facility of up to $20 million with Diaquem Inc. (the "Lender") entered into in October 2013. The proceeds of the second tranche of the facility, in an amount of $10 [...]

MONTREAL, QUEBEC--(Marketwired - Mar 11, 2014) - Stornoway Diamond Corp. (TSX:SWY) is pleased to announce the appointment of Mr. Ian R. Holl to the newly created position of Vice-President Processing, effective March 10th, 2014. Mr. Holl is a professional metallurgical engineer with more than 22 years of experience in all aspects of construction [...]

MONTREAL, QUEBEC--(Marketwired - Jan 28, 2014) - Stornoway Diamond Corp. (TSX:SWY) is pleased to provide an update on the Pikoo and Qilalugaq exploration projects, which are subject to option agreements with North Arrow Minerals Inc. (TSX VENTURE:NAR)("North Arrow"; see Stornoway press release dated March 14, 2013). Under the terms of the option [...]

MONTREAL, QUEBEC--(Marketwired - Jan 22, 2014) - Stornoway Diamond Corp. (TSX:SWY) is pleased to provide an update on the planned 2014 resource expansion drill program at the Renard Diamond Project in Québec. This program will test the resource potential of the Renard 2 kimberlite below the base of the currently defined Indicated Mineral Resource at 600 meters below surface, at which level Renard 2 is at its maximum size. The program will be fully funded from the proceeds of the $10m private placement of flow-through shares announced by Stornoway on November 13, 2013 and which closed on December 3, 2013. Drilling will commence early in the second quarter and continue into the summer. The 2014 drill program will comprise tightly constrained, de... [...]

Stornoway is pleased to announce the closing of its previously announced bought deal private placement financing of flow-through common shares, for aggregate gross proceeds of $10,051,000. Dundee Securities Ltd., on behalf of a syndicate of underwriters, including Scotia Captial Inc. and Desjardins Securities Inc., sold 10,580,000 Flow-Through [...]

Stornoway Diamond is pleased to announce that it has entered into an amended agreement with Dundee Securities Ltd. as lead underwriter, together with a syndicate including Scotiabank and Desjardins Securities, for a private placement financing on a bought deal basis of 9,200,000 flow-through common shares at a price of $0.95 per Flow-Through Share [...]

Stornoway Diamond is pleased to announce that it has entered into an agreement with Dundee Securities Ltd. as lead underwriter, together with a syndicate including Scotiabank and Desjardins Securities, for a private placement financing on a bought deal basis of 5,265,000 flow-through common shares ("Flow-Through Shares") at a price of $0.95 per [...]