Diadem Resources Ltd. announces today that it has received approval from each of the Alberta Securities Commission, British Columbia Securities Commission, Ontario Securities Commission and L'Autorité des Marchés Financiers in Quebec for respective partial revocation of cease trade orders which will permit the Company to proceed with a financing.
Diadem Resources Ltd. announced today that it has entered into a purchase-sale agreement with Darnley Bay Resources Limited to acquire DBL's 50% interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Diadem will have exclusive rights to all diamonds in the Parry Peninsula.
Diadem Resources announces today the resignation of Mr. William McKnight as a director of the Company. The Company thanks Mr. McKnight for his considerable contribution to the Company. The Company is actively seeking a financing in order to properly address its financial situation and, at the appropriate time, will apply to the Autorite Marche [...]
Diadem Resources announces today that the TSX Venture Exchange has advised the Company that, effective January 7, 2013, trading in the shares of the Company will be transferred to the NEX and will remain suspended. The Company is required to file a Listing Notification with the NEX within five days of the TSX Venture Exchange transferring the [...]
Diadem Resources confirms today that the Cease Trade Order, as described in the Company's news release of October 1, 2012, has been imposed. In relation thereto, DRL reiterates its comments from such news release and will issue and file relevant updates as applicable.
Diadem Resources announced today that the filing of its annual audited financial statements, management's discussion and analysis and the related officer certifications for the fiscal year ended May 31, will be delayed beyond the filing deadline of September 28, 2012. The Company's financial condition has deteriorated to the point that, without a [...]
Diadem Resources announces today that further to its Press Release of August 8, 2012, the TSX Venture Exchange has approved Diadem's issuance of 2,500,000 shares to a former officer and director to settle outstanding debt of $219,670. Such shares were issued as of August 16, 2012 and the related debt has been extinguished.
Diadem Resources announces that it has entered into a settlement and shares-for-debt agreement with a former Officer and Director of Diadem to settle legal claims aggregating $219,670. Pursuant to the Agreement, and subject to approval from the TSX Venture Exchange, Diadem proposes to issue 2,500,000 common shares (at a deemed share price of [...]
Diadem Resources announced today that it has entered into a Memorandum of Understanding with Darnley Bay Resources to acquire DBL's 50% interest in the Franklin diamond project in the Paulatuk area of the Northwest Territories and DBL's diamond exploration rights on certain crown lands described as the Paulatuk South Lands. Upon completing a [...]
Diadem Resources announces today that it has paused its processes in relation to the proposed equity line finance facility as described in its March 7, 2011 Press Release. Diadem has, instead, focused its efforts on arranging the equity financing as described in its June 20, 2011 Press Release.
