Source: Arctic Star Exploration Corp.
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  • Arctic Star’s (ADD) non-brokered private placement for gross proceeds of up to $1 million is fully subscribed, with financing is set at a price of $0.07 per unit
  • Net proceeds are earmarked for exploration on its Diagras Joint Venture, of which the company holds 81.5 per cent interest
  • Processing has begun on kimberlite samples from the Arbutus kimberlite and Sequoia kimberlite sites have arrived at the Saskatchewan Research Council Diamond laboratory in Saskatoon
  • Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties
  • Arctic Star Exploration Corp. (ADD) was up 5.8 per cent on the day, trading at $0.09 a share

Arctic Star Exploration Corp. (ADD) announced that its non-brokered private placement for gross proceeds of up to $1 million is fully subscribed

The financing is set at a price of $0.07 per unit.

Net proceeds have been earmarked by the company for exploration on its Diagras Joint Venture, of which it holds 81.5 per cent interest, as well as general and corporate purposes.

Processing has begun on kimberlite samples from the Arbutus kimberlite and Sequoia kimberlite sites have arrived at the Saskatchewan Research Council Diamond laboratory in Saskatoon. By mid-July, the first set of diamond results are expected.

Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties.

Arctic Star Exploration Corp. (ADD) was up 5.8 per cent on the day, trading at $0.09 a share.

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