Star Diamond Corporation announced the completion of its previously announced transaction with Rio Tinto Exploration Canada Inc. whereby RTEC has transferred to Star Diamond all of RTEC’s 75% interest in the Fort à la Corne diamond project located in central Saskatchewan. Star Diamond now owns 100% of the Project.
In connection with the completion of the Transaction, Star Diamond issued shares to RTEC, such that RTEC and its affiliates now own 19.9% of Star Diamond’s issued and outstanding common shares. RTEC and Star Diamond also entered into an investor rights agreement whereby, among other things. RTEC has agreed to certain standstill protections provided that RTEC has the right to increase its 19.9% ownership position in the event that Star Diamond receives an acquisition proposal.
The Transaction was completed pursuant to an agreement previously jointly announced by Star Diamond and RTEC. Copies of the Agreement and the Investor Rights Agreement are available under Star Diamond’s website.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
✨ ONLY 6 DAYS TO GO! ✨
DJGF 2026 is almost here! 💎
750+ Exhibitors | 2,00,000+ Designs | 5 Halls
📅 26–28 Sept 2026
📍 Bharat Mandapam, New Delhi
Discover collections, connect with industry leaders & unlock new opportunities.
🔗 Register Now: https://djgfregistration.jewelleryfair.in/exhibitor_reference_registration/?ref=marketing
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
