Monthly Archives November 2023

COMMENCEMENT OF DIAMOND PRODUCTION AT OENA DIAMOND MINE, SOUTH AFRICA

Download as PDF VICTORIA, BRITISH COLUMBIA — 8 NOVEMBER 2023 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce that diamond production commenced on schedule at the majority owned Oena Diamond Mine (“Oena”), South Africa on the 7 November 2023. The recovery unit, a Bourevestnik X-Ray Unit (“BVX”), has been commissioned and now certified for operation on site. Oena will operate 24 hours a day 6 days a week with a production target of 3000 to 3500 tonnes per day of run of mine (“ROM”) which will then be screened and feed to two
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Categories: News.

SOUTHSTONE ANNOUNCES PRIVATE PLACEMENT

Download as PDF VICTORIA, BRITISH COLUMBIA — 6 NOVEMBER 2023 — Southstone Minerals Limited (TSXV:SML) (“Southstone” or the “Company”) (TSX.V – SML) announces that it has initiated a non-brokered private placement of up to 10M units at a price of C$0.05 per unit for gross proceeds up to C$500,000 (the “Private Placement“). Each unit of the Private Placement shall consist of one common share in the capital of the Company and one-half of a share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of C$0.10 per share at any time
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Categories: News.