Welcome to our dedicated page for Diamcor Mining news (Ticker: DMIFF), a resource for investors and traders seeking the latest updates and insights on Diamcor Mining stock.
Diamcor Mining Inc. (TSXV:DMI)(OTCQB:DMIFF)(FRA:DC3A) is an established Canadian diamond mining company with a focus on ethically sourcing, mining, and selling natural rough diamonds to reputable diamantaires and luxury retailers. The company's primary project, Krone-Endora at Venetia, adjacent to De Beers' Venetia Diamond Mine in South Africa, aims to provide a supply of high-quality diamonds. Diamcor has a strong commitment to social responsibility, environmental protection, and supporting local communities. With a strategic alliance with Tiffany & Co., Diamcor is well-positioned to grow its presence in the diamond industry.
Diamcor Mining Inc. plans to complete a non-brokered private placement financing of up to CND$1,500,000, with existing shareholders, management, and directors subscribing to CND$1,250,000. The financing will consist of up to 30,000,000 units at CND$0.05 per unit, with each unit including one common share and one common share purchase warrant. The proceeds will be used for the Krone-Endora at Venetia Project, potential acquisitions, and general corporate purposes. The company will not proceed with the convertible loan financing previously announced.
FAQ
What is the current stock price of Diamcor Mining (DMIFF)?
What is the market cap of Diamcor Mining (DMIFF)?
What is Diamcor Mining Inc. focused on?
Where is Diamcor's primary project located?
What is Diamcor's commitment to social responsibility?
Who does Diamcor have a strategic alliance with?
