TSX: DIAM
SASKATOON, SK, May 6, 2024
/CNW/ - Star Diamond Corporation (TSX: DIAM) ("Star Diamond"
or the "Company") is pleased to announce that it has appointed
Ron Waddington, a member of Yellow
Quill First Nation, as our Indigenous and Community Engagement
Officer. Ron will be leading the Company's Indigenous
engagement efforts in a consulting role going forward. Ron
will be reaching out to rights holders and stakeholders to discuss
how most effectively to engage in economic
reconciliation.
Chair and CEO Ewan Mason says:
"We look forward to real economic reconciliation with all rights
holders and stakeholders as Ron undertakes the Company's engagement
efforts with the goal to move the Fort à la Corne Project
forward".
Ron began his career working for the federal government in the
Indigenous and Northern Affairs department and has also worked at
the provincial level in the Ministry of First Nations and Metis
Relations in Saskatchewan. Ron is a graduate of the
University of Regina where he acquired
a B.Admin., Corporate Finance. He also formed his own consulting
business where he has provided financial advice to a number of
First Nations. Ron can be reached at: 306-812-6210.
About Star Diamond Corporation
Star Diamond is a Canadian-based corporation
engaged in the acquisition, exploration and development of mineral
properties. Shares of Star Diamond
trade on the Toronto Stock Exchange under the trading symbol
"DIAM". Star Diamond's most significant asset is its 100
percent interest in the Fort à la Corne property in central
Saskatchewan. These kimberlites are located in close proximity
to established infrastructure, including paved highways and the
electrical power grid, which provide significant advantages for
future mine development.
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Caution Regarding Forward-looking Statements
This press release contains "forward-looking statements" and/or
"forward-looking information" (collectively, "forward-looking
statements") within the meaning of applicable securities
legislation. All statements, other than statements of historical
fact, are forward-looking statements. The use of any of the words
"anticipate", "plan", "aim", "target", "contemplate", "continue",
"estimate", "expect", "intend", "propose", "might", "may", "will",
"shall", "project", "should", "could", "would", "believe",
"predict", "forecast", "pursue", "potential", "possible", "capable"
and similar expressions are intended to identify "forward-looking
statements. Forward-looking statements in this press release
include, but are not limited to, expectations regarding the timing
for transfer of the Permit to Operate and completion of the
transactions that are the subject of the Agreement.
These forward-looking statements are based on Star Diamond's current beliefs as well as
assumptions made by and information currently available to it and
involve inherent risks and uncertainties, both general and
specific. Risks exist that forward-looking statements will not be
achieved due to a number of factors including, but not limited to,
the MoE's approval processes and the impact of changes in the laws
and regulations regulating mining exploration, development,
closure, judicial or regulatory judgments and legal proceedings and
the additional risks described in Star
Diamond's most recently filed Annual Information Form,
annual and interim MD&A.
Although management of Star
Diamond considers the assumptions contained in
forward-looking statements to be reasonable based on information
currently available to Star Diamond,
those assumptions may prove to be incorrect. When making decisions
with respect to Star Diamond,
investors and others should not place undue reliance on these
statements and should carefully consider the foregoing factors and
other uncertainties and potential events.
Star Diamond does not undertake
any obligation to release publicly revisions to any forward-looking
statement to reflect events or circumstances after the date of this
release, or to reflect the occurrence of unanticipated events,
except as may be required under applicable securities laws.
Investors should not assume that any lack of update to a previously
issued forward-looking statement constitutes a reaffirmation of
that statement. Continued reliance on forward-looking statements is
at investors' own risk.
SOURCE Star Diamond Corporation