Archives for News

SOUTHSTONE ANNOUNCES PROFIT FOR THE 2019 FINANCIAL YEAR

Download as PDF VANCOUVER, BRITISH COLUMBIA — 23 December 2019 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce results of the audited financial statements for the Financial Year ending 31 August 2019. Southstone`s strategic focus on its diamond operations, in particular the Company’s flagship asset, the Oena Diamond Mine, South Africa, resulted in a diamond production increase of 76% to 1,694.50 carats during the 2019 Financial Year (2018: 961.90 carats), which sold for an average of US$1,664 (2018: US$1,462). The Oena Diamond Mine continues to improve operationally, produce very high‐ quality diamonds and
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SOUTHSTONE REPORTS CONTINUED RECOVERY OF HIGH-QUALITY DIAMONDS FROM OENA

Download as PDF VANCOUVER, BRITISH COLUMBIA — 31 October 2019 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide an operational and production update for the Oena Diamond Mine (“Oena”). During the production period, 8 August to 16 October 2019, a total of 742 carats were produced, placed on tender and sold with an average price of US1,495 per carat (USD $1,110,164 in sales). Southstone maintains its strategic focus on its diamond operations, in particular the Company’s flagship asset the Oena Diamond Mine, located in the Northern Cape, South Africa, which produces very high-quality
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SOUTHSTONE MINERALS ANNOUNCES COMPLETION OF NAME CHANGE AND SHARE CONSOLIDATION

Download as PDF VANCOUVER, BRITISH COLUMBIA — 29 October 2019 – Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that the TSX Venture Exchange (the “Exchange”) has approved the Company’s change of name from Tango Mining Limited to Southstone Minerals Limited and a consolidation of its share capital on the basis of one post-consolidated share for each ten pre-consolidated shares. The Company’s common shares will commence trading on the Exchange under the new name and on a post-consolidated basis at market open on Tuesday, 29 October 2019 under the trading symbol “SML”.  The new CUSIP number is
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TANGO ANNOUNCES SHARE CONSOLIDATION CONCURRENT WITH CHANGE OF NAME

Download as PDF VANCOUVER, BRITISH COLUMBIA — 21 October 2019 – Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that further to its News Release dated July 30, 2019, wherein it announced a proposed change of name to “Southstone Minerals Limited”, subject to the approval of the TSX Venture Exchange, it is proposing to concurrently consolidate its common shares on the basis of one post-consolidation common share for every ten pre-consolidation common shares (the “Share Consolidation”). Currently, a total of 232,602,139 common shares are issued and outstanding, which will be consolidated into 23,260,213 common shares, assuming no
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TANGO Q4 OPERATIONAL UPDATE

Tango Mining Limited (“Tango” or the “Company”) is pleased to provide a production and operational update for the period of 1 June 2019 to 31 August 2019 (4th Quarter) on its project portfolio located in South Africa and Liberia.
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TANGO REPORTS OVER 530 CARATS IN DIAMOND SALES WITH AVERAGE OF USD$1,382 PER CARAT, OENA DIAMOND MINE, SOUTH AFRICA

Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South Africa (“Oena”).  During the most recent production period, 9 May to 7 July 2019, a total of 531.82 carats (230 diamonds) were produced, placed on tender and sold with an average price of US$1,382 per carat.
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TANGO Q3 OPERATIONAL UPDATE

Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) is pleased to provide an update for the period of 1 March to 31 May 2019 (3rd Quarter) on its project portfolio located in South Africa, Angola and Liberia.
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