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Star Diamond takes full ownership of Alberta project

2nd August 2024

By: Creamer Media Reporter

     

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Exploration and development company Star Diamond has completed the acquisition of Canterra Minerals’ 50% interest in the Buffalo Hills diamond project and now owns 100% of the asset.

The project comprises a land package consisting of 21 mineral leases covering about 4 800 ha, located 400 km north-west of Edmonton, Alberta.

Star Diamond acquired the 50% interest in exchange for the issuance of 17.5-million shares.

Canterra was granted a 1% royalty interest in the project. 

Edited by Creamer Media Reporter

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