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Margaret Lake Announces Termination Of Previously Announced Private Placement
Thenewswire· 2025-11-17 22:01
Core Points - Margaret Lake Diamonds Inc. has terminated its previously announced non-brokered private placement of up to 9,000,000 units for aggregate gross proceeds of up to $900,000 at a price of $0.10 per unit [1] Company Summary - The company is listed on TSX Venture Exchange under the ticker DIA and also trades on OTC and FSE [1] - The announcement was made on November 17, 2025, following a prior news release dated September 9, 2025 [1] Contact Information - The President and CEO of the company is R. Nick Horsley, who can be contacted via phone or email [2]
Mountain Province Diamonds Announces Leadership and Operational Update
Prnewswire· 2025-11-12 13:07
Core Points - Mountain Province Diamonds Inc. announced the resignation of President & CEO Mark Wall, effective December 19, 2025, to pursue other opportunities [1][4] - The company has commenced mining through the transitional phase of the high-grade 5034-NEX orebody, with processing underway [2] - The Board of Directors will initiate a search for a new President and CEO [3] Company Operations - The Gahcho Kué mine is positioned for strong performance in Q4 2025 and 2026 following the completion of a five-day plant maintenance shutdown [2] - Mountain Province holds a 49% stake in the Gahcho Kué diamond mine, which consists of several actively mined kimberlites [4] - The company controls over 96,000 hectares of mineral claims and leases surrounding the Gahcho Kué Mine, including significant mineral resources [4] Mineral Resource Estimates - The Kelvin kimberlite is estimated to contain 13.62 million carats in 8.50 million tonnes at a grade of 1.60 carats/tonne, valued at US$63 per carat [4] - The Faraday 2 kimberlite is estimated to contain 5.45 million carats in 2.07 million tonnes at a grade of 2.63 carats/tonne, valued at US$140 per carat [4] - The Faraday 1-3 kimberlites are estimated to contain 1.90 million carats in 1.87 million tonnes at a grade of 1.04 carats/tonne, valued at US$75 per carat [4]
Margaret Lake Announces Warrant Repricing
Thenewswire· 2025-10-01 20:00
NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES Vancouver, British Columbia – TheNewswire - October 1, 2025 - Margaret Lake Diamonds Inc. (TSXV:DIA) (OTC:DDIAF) (FSE:M85) ("DIA" or the "Company") announces that it intends to reprice 1,665,000 of the Company’s outstanding share purchase warrants which were issued pursuant to a non-brokered private placement (the "Financing") that closed on February 14, 2023.In connection with the Financing, an aggregate of 20,000 ...