Debut Diamonds Inc. issues this news release, as requested by the Ontario Securities Commission, with respect to the Company's notice of annual and special meeting of shareholders to be held on April 1, 2021 and management information circular dated March 8, 2021, to supplement certain of the information included within the Circular. In the [...]
Debut Diamonds Inc. is announcing that the Company has appointed Yazeed Esnan to the current board of directors, effective as of the date hereof. Mr. Yazeed Esnan has been an associate at First Republic Capital, since graduating from Dalhousie University with a Bachelor of Commerce in Finance in 2017. In this time, he has acquired ample experience [...]
Debut Diamonds Inc. announces that it has entered into a binding agreement dated February 2, 2021 with WeSana Health Inc. to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Wesana Health. If completed, the Transaction will constitute a "fundamental change" of Debut Diamonds pursuant [...]
Debut Diamonds Inc. announces that, due to the COVID-19 pandemic, the conditions of the agreement governing its previously announced business combination with Inolife R&D Inc. have not been fulfilled and the parties have mutually agreed to terminate the transaction. The Company will continue to search for new business opportunities and [...]
Debut Diamonds Inc. and Inolife R&D Inc. announce that, in consideration of the unpredictable recent events surrounding the Covid-19 pandemic, the parties have entered into an agreement to amend their previously announced binding memorandum of agreement. Under the terms of the amending agreement dated May 8, 2020, the parties have, among other [...]
Debut Diamonds Inc. announces that it has entered into a binding memorandum of agreement dated March 2, 2020 with Inolife R&D Inc. to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Inolife. If completed, the Transaction will constitute a "fundamental change" of Debut Diamonds [...]
Debut Diamonds Inc. announces that it has sold all of its mining claims to KWG Resources Inc. for cash consideration of $1,200, pursuant to the terms of a claims purchase agreement between the Company and the Purchaser dated December 23, 2019. In addition, the Company announces the following resignations effective immediately: Frank Smeenk as [...]
ebut Diamonds Inc. announces its plans to consolidate all of the Company's issued and outstanding common shares on the basis of 16.667 to one (1). Effective December 10, 2019, with a record date of December 11, 2019, the Company expects to begin trading the Shares on the Canadian Securities Exchange on a post-Consolidation basis under its existing [...]
Debut Diamonds Inc. is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $600,000 and the settlement of $90,000 in debt. Under the Private Placement, the Company issued an aggregate of 200,004,000 units at a price of approximately $0.003 per Unit, or $0.05 per Unit after adjusting for [...]
Debut Diamonds Inc. today announced a series of transactions, including the engagement of KWG Resources Inc. as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of directors, a proposed private placement, a proposed conversion of debt into common shares of the Company, and the sale by [...]
KWG Resources Inc. announces that today it disposed of 8,450,000 common shares in the capital of Debut Diamonds Inc. at a price of $0.005 per Common Share through the Canadian Securities Exchange. Prior to disposing of such Common Shares, KWG owned or controlled 131,515,500 Common Shares representing approximately 64.40% of the issued and [...]
