Articles Tagged "diamond value"

Dianor to Issue 7,269,555 Shares in Connection with Initial $500,000 Draw Down Under Equity Line of Credit

Dianor Resources Inc. (CVE:DOR) announced that it will issue 7,269,555 common shares to Kodiak Capital Group, LLC in connection with Dianor's previously-announced initial draw down of $500,000 under its equity line of credit with Kodiak Capital.

Joint Venture Partner Arctic Star Retains Consulting Firm to Evaluate J6L1 Rare Earth Metal Project

Big Red Diamond Corp (CVE:DIA) announced that Arctic Star Diamond Corp, which entered into an option agreement on August 31, 2010 to acquire a 50% joint venture interest in our J6L1 Rare Earth Elements, has retained the services of Dahrouge Geological Consulting Ltd. of Edmonton, Alberta, to review the data that was provided in relation to the 4,715 hectare J6L1 Rare Earth Elements project located 52 kilometres northwest of Sept-Iles, Quebec.

Dianor Enters Into $10 Million Credit Agreement With Syndicate of Lenders

Dianor Resources Inc. (CVE: DOR) announced that it has entered into a Credit Agreement dated August 28, 2010 with Third Eye Capital Corporation, as administrative agent, and a syndicate of lenders, pursuant to which the lenders have committed to provide up to $10 million in a term-credit facility to Dianor, subject to various terms and conditions.

Shear Minerals Reports NI 43-101 Resource Estimate for Jericho Diamond Project

Shear Minerals Ltd.(TSX VENTURE:SRM) announced that SRK Consulting (Canada) Inc. has prepared for Shear this mineral resource estimate for the Jericho Diamond Project located in Nunavut, Canada which, as previously announced on July 19, 2010, is to be acquired by Shear from Tahera Diamond Corp. an Benachee Resources Inc.