Margaret Lake Diamonds Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2022) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85A) (OTC Pink: DDIAF) ("MLD" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the "Offering") under which MLD raised aggregate gross proceeds of $777,368 The Offering consists of the issuance of: (i) an aggregate of 4,820,841 units of the Company (the "Units") at a price of $0.14 per Unit...
2022-06-17 6:03 PM EDT
Margaret Lake Diamonds Inc. Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce the Company has applied for conditional approval from the TSX Venture Exchange ("TSXV") for a waiver from the five-cent minimum price requirement and intends to complete a non-brokered private placement (the "Private Placement") for up to 5,000,000 Units ("Units") at a price of CA$0.03 per Unit.Each Unit will consist...
2021-08-23 4:24 PM EDT
Margaret Lake Diamonds Inc. Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC Pink: DDIAF) ("MLD" or the "Company") today announced that it has granted, effective August 3rd, an aggregate of 2,500,000 stock options (each, an "Option") in recognition to directors, and officers of the Company. The options are being issued in accordance with the Company's shareholder approved stock option plan. Each Option is exercisable into one common share in the...
2021-08-04 11:45 AM EDT
Margaret Lake Diamonds Announces That Arctic Star Doubles Ground Position, Diagras Project, New Total Equals 48,346 Ha
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to Arctic Star has staked and filed 27 new claims on the Diagras project where it is the operator. The Diagras project is a Joint Venture between Arctic Star and Margaret Lake Diamonds Inc. ("DIA"). Arctic Star took over management of the Diagras project this year and proposed a $2.1 million "spring 2021" budget to...
2021-06-22 2:29 PM EDT
Margaret Lake Diamonds Announces Completion of Site Visit, Old Nick Nickel-Cobalt Project, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce a site visit has been completed at the Old Nick Nickel-Cobalt project in Southern British Columbia, June 14-17, 2021. Examination and sampling of surface nickel and cobalt bearing bedrock mineralization from trenches originally completed by Newmont Mining Corporation of Canada Ltd. ("Newmont") occurred. This fieldwork...
2021-06-22 10:26 AM EDT
Margaret Lake Diamonds Announces Arctic Star Provides Details of the Birch Kimberlite Diagras, Lac De Gras, NWT
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce Arctic Star Exploration Corp. ("Arctic Star" or the "Company") has received more detailed geological logs for the Birch kimberlite. Dan Gainer, P. Geo., has logged the core in Yellowknife. Dan is a geologist who is familiar with kimberlites and has recognized two kimberlite types in the two drill holes drilled at...
2021-06-03 6:16 PM EDT
Margaret Lake Diamonds Inc. Announces Postponement of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) (the "Corporation") is announcing that its annual general meeting of shareholders (the "Meeting") was postponed today due to its increased concerns related to the spread of the COVID-19 virus after learning that a number of its shareholders desire to attend the Meeting in person. The Corporation previously secured a small venue at which to host the Meeting however,...
2021-05-14 4:05 PM EDT
Margaret Lake Diamonds Announces That Arctic Star Has Discovered Kimberlite from First Hole of Its Drill Program, Diagras Project, Lac De Gras, NT
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce Arctic Star Exploration Corp. ("Arctic Star" or the "Company") has discovered a fourth kimberlite during its Spring 2021 exploration program on the Diagras project, Lac de Gras district, NWT. The discovery has been named Cedar.The Cedar kimberlite was found by drilling a distinct EM anomaly 150m south of the known...
2021-05-12 2:05 PM EDT
Margaret Lake Diamonds announces Arctic Star has discovered a third kimberlite, Diagras, Lac De Gras, NWT
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce Arctic Star Exploration Corp. (TSXV: ADD) (FSE: 82A2) (WKN: A2DFY5) (OTC Pink: ASDZF) ("Arctic Star" or the "Company") has discovered a third kimberlite during its Spring 2021 exploration program on the Diagras project, Lac de Gras district, NWT. The discovery has been named Alder.The Alder kimberlite was found by...
2021-05-06 8:30 AM EDT
Margaret Lake Diamonds Announces That Arctic Star Has Discovered Kimberlite from First Hole of Its Drill Program, Diagras Project, Lac De Gras, NT
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - Margaret Lake Diamonds Inc. (TSXV: DIA) (FSE: M85) (OTC: DDIAF) ("MLD" or the "Company") is pleased to announce Arctic Star Exploration Corp. ("Arctic Star" or the "Company") (TSXV: ADD) (FSE: 82A2) (WKN: A2DFY5) (OTC Pink: ASDZF) has made a new discovery on the Diagras project in the Lac de Gras kimberlite field, Northwest Territory 380km north of Yellowknife. The discovery has been named the Birch Kimberlite.It was discovered...
2021-04-16 4:18 PM EDT