Debut Diamonds Issues News Release Supplementing Management Information Circular
Toronto, Ontario--(Newsfile Corp. - March 25, 2021) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") issues this news release, as requested by the Ontario Securities Commission ("OSC"), with respect to the Company's notice of annual and special meeting of shareholders to be held on April 1, 2021 (the "Meeting") and management information circular dated March 8, 2021 (the "Circular"), to supplement certain of the information included within the Circular. In the Circular,...
2021-03-25 11:06 AM EDT
Debut Diamonds Announces Changes in Board of Directors
Toronto, Ontario--(Newsfile Corp. - February 25, 2021) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") is announcing that the Company has appointed Yazeed Esnan to the current board of directors, effective as of the date hereof.Mr. Yazeed Esnan has been an associate at First Republic Capital Corp., since graduating from Dalhousie University with a Bachelor of Commerce in Finance in 2017. In this time, he has acquired ample experience in equity financings and RTO...
2021-02-25 3:00 PM EST
Debut Diamonds Announces Reverse Takeover Transaction with Wesana Health and Brokered Financing Led by Stifel GMP
Toronto, Ontario--(Newsfile Corp. - February 2, 2021) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces that it has entered into a binding agreement (the "Agreement") dated February 2, 2021 with WeSana Health Inc. ("Wesana Health") to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Wesana Health (the "Transaction"). If completed, the Transaction will constitute a "fundamental change" of Debut...
2021-02-02 8:33 PM EST
Debut Diamonds Announces RTO with Inolife Will Not Proceed
Toronto, Ontario--(Newsfile Corp. - May 25, 2020) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces that, due to the COVID-19 pandemic, the conditions of the agreement governing its previously announced business combination with Inolife R&D Inc. have not been fulfilled and the parties have mutually agreed to terminate the transaction. The Company will continue to search for new business opportunities and transactions.About Debut Diamonds Inc.Debut Diamonds Inc. is...
2020-05-25 4:16 PM EDT
Debut Diamonds Announces Amendment to Memorandum of Agreement with Inolife
Toronto, Ontario--(Newsfile Corp. - May 11, 2020) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") and Inolife R&D Inc. ("Inolife") announce that, in consideration of the unpredictable recent events surrounding the Covid-19 pandemic, the parties have entered into an agreement to amend their previously announced binding memorandum of agreement (the "MOU"). Under the terms of the amending agreement dated May 8, 2020, the parties have, among other things, agreed to extend the...
2020-05-11 7:30 AM EDT
Debut Diamonds Announces Reverse Takeover Transaction with Inolife
Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces that it has entered into a binding memorandum of agreement (the "MOU") dated March 2, 2020 with Inolife R&D Inc. ("Inolife") to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Inolife (the "Transaction"). If completed, the Transaction will constitute a "fundamental change" of Debut Diamonds pursuant...
2020-03-02 5:41 PM EST
Debut Diamonds Announces Sale of Mineral Claims and Board, and Management Changes
Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces that it has sold all of its mining claims (the "Claims") to KWG Resources Inc. (the "Purchaser") for cash consideration of $1,200, pursuant to the terms of a claims purchase agreement between the Company and the Purchaser dated December 23, 2019 (the "Claims Purchase Agreement"). In addition, the Company announces the following resignations effective...
2019-12-23 12:36 PM EST
Debut Diamonds Announces Plans To Consolidate
Toronto, Ontario--(Newsfile Corp. - December 6, 2019) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") announces its plans to consolidate all of the Company's issued and outstanding common shares (the "Shares") on the basis of 16.667 to one (1) (the "Consolidation"). Effective December 10, 2019, with a record date of December 11, 2019, the Company expects to begin trading the Shares on the Canadian Securities Exchange on a post-Consolidation basis under its existing name...
2019-12-06 2:38 PM EST
Debut Diamonds Announces Closing of Private Placement and Debt Conversion
Toronto, Ontario--(Newsfile Corp. - January 9, 2019) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $600,000 (the "Private Placement") and the settlement of $90,000 in debt (the "Debt Conversion"; together with the Private Placement, the "Transactions"). Under the Private Placement, the Company issued an aggregate of 200,004,000 units ("Units") at a price...
2019-01-09 1:29 PM EST
Debut Diamonds Announces Engagement of KWG as Sales Agent, Board Changes, Private Placement, and Sale of Control
Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - Debut Diamonds Inc. (CSE: DDI) ("Debut Diamonds" or the "Company") today announced a series of transactions, including the engagement of KWG Resources Inc. ("KWG") as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of directors, a proposed private placement, a proposed conversion of debt into common shares of the Company ("Common Shares"), and the sale by KWG of all of the...
2018-11-26 10:12 PM EST