August 1, 2008
Stornoway closes $22 million private placement
by Tiffany Marlow
Stornoway Diamond Corporation, one of Canada’s leading diamond exploration and development companies, has closed a $22 million private placement comprising 24,444,444 common shares at a price of $0.90 per common share split equally between Agnico-Eagle Mines Limited and Lorito Holdings Limited.
Agnico-Eagle and Lorito agreed to amend the debentures to permit Stornoway to redeem them prior [...]
Hughes to resign from AGTA GTC
by Sarah Wilsdon
Richard W. Hughes, has decided to leave his position as a Gemological Administrator at the AGTA Gemological Testing Center (AGTA GTC), effective at the end of this month.
Hughes is leaving the company for a new opportunity in Thailand. Hughes has been with AGTA since 2005.
Douglas K. Hucker, AGTA CEO, said, we wish Richard nothing [...]