|Bid||0.34 x 0|
|Ask||0.34 x 0|
|Day's Range||0.34 - 0.34|
|52 Week Range||0.28 - 0.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.90|
KELOWNA, BC, Sept. 12, 2018 /PRNewswire/ - Diamcor Mining Inc. (TSX-V.DMI / OTCQB-DMIFF), (the "Company") is pleased to announce the results of the tender and sale of the previously announced rough diamonds recovered as part of initial resumed processing exercises performed following the recent screening modifications at the Company's Krone-Endora at Venetia Project (the "Project"). The Company sold a total of 2,606.50 carats of rough diamonds for gross proceeds of USD $726,588, resulting in an average price of USD $278.76 per carat. Included in the rough diamonds tendered and sold were three individual gem quality diamonds' in the special (+10.8 carats) category including one high quality 18.44 carat gem octahedron, and two gem quality diamonds weighing 18.57 and 14.70 carats respectively.
KELOWNA, BC , Aug. 29, 2018 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI / OTCQB-DMIFF), (the "Company") announces that, further to its news release of June 20, 2018 , whereby the Company announced the closing of a first tranche of its revised non-brokered private placement of units (the "Financing") for gross proceeds totalling $2,000,582.50 , the Company has now closed a second and final tranche of the Financing resulting in the issuance of 3,510,315 additional units for proceeds totalling $1,228,610.25 . Each Unit consists of one common share (a "Share") of the Company, and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one Share at an exercise price of CDN$0.60 until August 29, 2021 . Securities issued pursuant to the final tranche of the Financing will be subject to a hold period ending on December 30 , 2018. Units and subscription proceeds for subscriptions received from members of the Pro Group will be held in escrow until such time as TSX Venture Exchange final approval to the Offering is received, which approval is expected by the end of business today.
KELOWNA, BC , Aug. 9, 2018 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI / OTCQB-DMIFF), (the "Company") is pleased to announce the recovery of six rough diamonds in the special (+10.8 carats) category. The diamonds were recovered from material processed through the Company's recently updated facilities. The special category rough diamonds recovered include: one high quality 18.45 carat gem octahedron rough diamond, two gem quality rough diamonds weighing 18.56 and 14.71 carats respectively, and three non-gem quality rough diamond weighing 21.92 carats, 17.32 carats, and 15.84 carats. The recoveries are the result of limited processing completed during part of July and the first week of August. In addition to the recovery of these special category diamonds, ~2,400 additional carats of rough diamonds were recovered.
The Company further announces that, as part of the Revised Offering, the Company has paid to one finder an aggregate cash commission of CDN$1814.40 , representing 6% of the gross proceeds received from subscribers introduced to the Company by such finders, and has issued an aggregate of 5,184 non-transferable warrants to such finder (the "Finder's Warrants"), representing 6% of the number of Units sold to subscribers introduced to the Company by such finder. Each Finder's Warrant entitles the holder to purchase one Share of the Company at an exercise price of CDN$0.60 until June 20 , 2021. The Finder's Warrants will also be subject to a hold period ending on October 21, 2018 . The Company has received additional subscription interest for the balance of the Revised Offering from various parties and anticipates closing the remaining balance of the Revised Offering in a Second and Final Tranche in the short-term, subject to the receipt and finalization of subscription documentation from various parties by the Company. The proceeds from the First Tranche of the Revised Offering will allow the Company to proceed without further delay in finalizing its initial efforts to address the insufficient recoveries of water from the Project's settling dams through the installation of additional screening equipment, which will be followed by the incorporation of paste thickening technology to support increased processing volumes at the Project for the long-term.
KELOWNA, BC, Dec. 13, 2017 /PRNewswire/ - Diamcor Mining Inc., (the "Company") announces the results of the tender and sale of rough diamonds recovered prior to November 9, 2017 from ongoing exercises being performed at the Company's Krone-Endora at Venetia Project (the "Project"). The Company sold 4,353.91 carats of rough diamonds for gross proceeds of USD $864,546.09, resulting in an average price of USD $198.57 per carat.
Categories: Yahoo FinanceGet free summary analysis Diamcor Mining, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Diamcor Mining, Inc. – Stornoway Diamond Corporation and Shore Gold Inc. (SWY-CA and SGF-CA) that have also reported for this period. Highlights Summary numbers: Revenues of CAD 1.65 ... Read more (Read more...)
Shares Issued and Outstanding: 54,659,623 TSXV:DMI OTCQB:DMIFF KELOWNA, BC , Oct. 10, 2017 /PRNewswire/ - Diamcor Mining Inc., (the "Company") announces the results of the tender and sale of ...