Transactions
Peterson McVicar LLP assists Five Star Diamonds Limited with Qualifying Transaction and Private Placement
On April 25, 2017 Five Star Diamonds Limited (“Five Star”) completed its qualifying transaction and commenced trading on the TSX Venture Exchange under the trading symbol “STAR”. In connection with the completion of it qualifying transaction, Five Star completed a private placement of 17,815,480 Common Shares at a price of C$0.30 per share, for aggregate gross proceeds of C$5,344,644. Five Star’s business is diamond development, focused on acquiring and developing advanced staged kimberlite diamond projects in Brazil and currently holds a dominant land position in the Brazilian diamond sector. Five Star’s material project is the 100%-owned advanced-stage Catalão diamond project in state of Goiás.
Recent Transactions
Peterson McVicar Acts for Foran in Upsize to Previously Announced Brokered Private Placement to C$100 Million
Peterson McVicar Acts for Probe Gold in $15 Million Bought Deal Private Placement
Peterson McVicar Acts for Red Cloud in C$5.0M Bought Deal Private Placement and Concurrent Non-Brokered Private Placement of C$2.0 Million with Brunswick Exploration
Peterson McVicar Acts for Red Cloud in C$5.0M Bought Deal Private Placement and Concurrent Non-Brokered Private Placement of C$2.0 Million with Brunswick Exploration