Stornoway Completes 2nd $80m Stream Funding Tranche

Mining and Exploration
01/10/2015 13:20

Stornoway Diamond Corporation today announced it has successfully completed the drawdown of the second US$80m tranche of diamond stream funding from Orion Mine Finance, the Caisse de dépôt et placement du Québec and Blackstone Tactical Opportunities, as conditions for the second of three drawdowns, including the independent certification of construction progress at the Renard Diamond Project and its cost to complete, were met.