DDI Debut Diamonds Inc

Debut Diamonds Inc. (CNSX:DDI) ("Debut") has been notified by the Canadian
National Stock Exchange that its application for listing has been approved. The
shares will trade under the symbol DDI and will be posted for trading on a date
to be announced. KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") has previously
announced its intention to distribute all of its shares of Debut to those KWG
shareholders of record on a date to be established. In order to distribute to
KWG's shareholders a return of capital dividend of six shares of Debut for each
100 KWG shares held, KWG has sought an exemption from the Securities
Administrators in its reporting jurisdictions, to include recently acquired
shares of Debut which would otherwise be subject to a hold period. KWG has also
made application to the Canada Revenue Agency for an advance ruling to confirm
for its shareholders the return of capital nature of the proposed distribution.
Shareholders of KWG will be notified of a record date for the distribution, when
the ruling and exemption orders are received.


About KWG: KWG has a 28% interest in the Big Daddy chromite deposit and may earn
an additional 2% interest in it under an option agreement to create a joint
venture with Cliffs Natural Resources Inc. KWG also owns 100% of CCC which has
staked claims and conducted a $15 million surveying and soil testing program for
the engineering and construction of a railroad to the Ring of Fire from Exton,
Ontario where the Trans Canada line of the Canadian National Railway can be
connected. 


About Debut: Debut is a development stage company with joint venture and wholly
owned properties and projects in northern Ontario. The diamond claim groups
include the previously discovered MacFadyen Kimberlites and the Pele, Victor
West, and Uniform Surround claim blocks adjoining the De Beers' Victor Mine. The
Diagnos Initiative and Kyle Kimberlites are within and adjacent to the Ring of
Fire. The company's exploration initiatives also include the Wawa Project,
Nakina Option and Canada Chrome joint venture.

Debut Diamonds (CSE:DDI)
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De Nov 2024 à Déc 2024

Debut Diamonds (CSE:DDI)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024