LONGUEUIL, Quebec, Oct. 1, 2015 (GLOBE NEWSWIRE) -- Stornoway Diamond Corporation (TSX:SWY) the "Corporation" or "Stornoway") is pleased to announce that it has successfully completed the drawdown of the second US$80m tranche of diamond stream funding from Orion Mine Finance ("Orion"), the Caisse de dépôt et placement du Québec ("CDPQ") and Blackstone Tactical Opportunities ("Blackstone"). Under Stornoway's C$946 million1 project financing transaction, which closed on July 8th, 2014, a total of US$250 million in upfront stream payments were committed by Orion and the CDPQ to fund in three tranches, scheduled for March 2015, September 2015 and March 2016. On April 28th, 2015, Blackstone an...
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