Update for the Botswana Exploration Projects – DMS plant and soil sampling

 

Highlights
  • 1 TPH DMS plant is now processing soil samples from six project areas
  • A total of 362 soil samples to be processed
  • Detailed grid sampling of priority kimberlite targets at Malatswae Project
  • An additional Prospecting licence awarded contiguous with Jwaneng South Project 

TORONTO, ONTARIO (July ,29 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Diamond Projects, located in Botswana. Continue reading

Pangolin Appoints Dr. Leon Daniels as President/CEO and New BOD Patrick Harford; Premium to Market Private Placement

TORONTO, ONTARIO (July 9, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) announces that Dr. Leon Daniels will assume the role of President and Chief Executive Officer of the Company effective immediately.  Rick Bonner, the current President and Chief Executive Officer, has resigned. The Company thanks Rick for his contributions and wishes him success in his future endeavours.

The Company also announces that it intends to complete a private placement to raise up to $500,000 through a non-brokered private placement (the “Private Placement”) of up to 10,000,000 units priced at CDN$0.05 per unit representing a premium to the current share price. Each unit will consist of one common share and one non-transferable common share purchase warrant, with each warrant exercisable for a period of sixty (60) months from the closing at a price of $0.05 per share. Continue reading

Pangolin Closes $427,916 Financing for Diamond Projects in Botswana

TORONTOONTARIO (October 29, 2014) Pangolin Diamonds Corp. (the “Company” or “Pangolin”) (TSX-V: PAN) is pleased to announce the closing of a non-brokered private placement financing for aggregate gross proceeds of $427,916 (the “Offering”). The Offering consisted of 7,131,940 units of the Company (each, a “Unit”) at a price of $0.06 per Unit. Each Unit consists of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (each a “Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.12 for a period of two years from the date hereof. Insiders participated in the amount of $83,216. Continue reading

Pangolin Diamonds Declares Option Grants

TORONTO, ONTARIO (August 13, 2014) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) announces that its board of directors have approved the granting of 1,750,000 options under its Stock Option Plan, each share under option having a 5 year term and an exercise price of $0.11.The Options in question were granted to twelve different recipients consisting of directors, senior officers, key employees and certain consultants. Continue reading

Pangolin Closes $718,000 Financing for its Diamond Projects in Botswana

Diamond Projects in Botswana

TORONTO, ONTARIO (May 15, 2014) Pangolin Diamonds Corp. (the “Company” or “Pangolin”) (TSX-V: PAN) is pleased to announce the closing of a non-brokered private placement financing for aggregate gross proceeds of $718,000 (the “Offering”). The Offering consisted of 7,180,000 units of the Company (each, a “Unit”) at a price of $0.10 per Unit. Each Unit consists of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (each a “Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.20 for a period of two years from the date hereof. Continue reading

Pangolin Diamonds Elects Directors; Declares Option Grant

TORONTO, ONTARIO (March 7, 2014 – Pangolin Diamonds Corp. (TSX-V: PAN)

(the “Company” or “Pangolin”) announces that at its annual general & special meeting (the “Meeting”) of its shareholders held on Wednesday, March 5, 2014, the Company’s nominees to the board of directors, namely: Louis Peloquin, Jean Lafleur, Leon Daniels and Tom Fenton, were elected as directors, in each case without any votes withheld. Continue reading

PANGOLIN DIAMONDS CLOSES PRIVATE PLACEMENT WITH INCREASED GROSS PROCEEDS OF $1,612,250

Funds primarily for advancing kimberlite diamond exploration projects in Botswana

TORONTO, ONTARIO (April 22, 2013) – Pangolin Diamonds Corp. (TSX.V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has closed its previously announced private placement equity offering (the “Offering”) by raising gross proceeds in the amount of $1,612,250. To meet increased demand for the Offering, the gross proceeds are 28% more than the $1,260,000 expected gross proceeds announced by the Company on April 4, 2013. Aberdeen Gould Capital Markets Ltd. (“Aberdeen”) acted as the lead agent in connection with the Offering. Continue reading

PANGOLIN DIAMONDS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO $1,260,000 FOR BOTSWANA PROJECTS

TORONTO, ONTARIO (April 4, 2013) – Pangolin Diamonds Corp. (TSX.V: PAN) (the “Company” or “Pangolin”) has retained the services of Aberdeen Gould Capital Markets Ltd., an Exempt Market Dealer (“Aberdeen”), to lead and arrange a non- brokered private placement offering (the “Offering”) of up to 4,200,000 units of the Company at a price of $0.30 per unit, for gross proceeds of up to $1,260,000.

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Mining Weekly: Pangolin unearths garnets pointing to new Botswana kimberlites

Pangolin was featured in Mining WeeklyClick here to read the full article.

TORONTO (miningweekly.com) – Canadian explorer Pangolin Diamonds on Tuesday said it had unearthed high-pressure garnets that could indicate the presence of more than one diamond-bearing kimberlite pipe on its Tsabong North project, in Botswana.

The TSX-V-listed company said independent lab analysis returned a significant number of high-pressure garnets associated with the diamond stability field, which is the area of the earth’s mantle with the heat and pressure required to produce diamonds, which for the company confirmed a high exploration potential for new diamondiferous kimberlite pipes in the area.

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iExperts: Diamond Values Set To Soar As Supply Dries Up

See investment article from iExperts:

Diamond investors should see annual returns of around 6% between now and 2020, claims a new report. The annual Global Diamond Industry Report also says that global consumption will help the worldwide value of diamond sales rocket from £10 billion in 2011 to £17 billion a year in the next seven years. That’s a predicted increase of 60% by the end of the decade.

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KEY GOLD HOLDING INC. AND PANGOLIN DIAMONDS CORP. ANNOUNCE CLOSING OF BUSINESS COMBINATION AND CREATION OF NEW DIAMOND EXPLORATION COMPANY WITH ASSETS FOCUSED IN BOTSWANA

TORONTO: March 4, 2013 – Key Gold Holding Inc. (KGH – TSX-V) (the “Company” or “Key Gold”) is pleased to announce that further to its press releases of February 21, 2012 and August 8, 2012, it has closed its previously announced business combination with Pangolin Diamonds Corp. (“Pangolin”) to create the new amalgamated company “Pangolin Diamonds Corp.” (“New Pangolin”). At shareholder meetings for each of Key Gold and Pangolin held on January 15, 2013, the amalgamation of Key Gold and Pangolin, pursuant to an amalgamation agreement dated November 26, 2012 was approved (the “Amalgamation”). In connection with the Amalgamation, Key Gold shareholders received one (1) common share of New Pangolin (“New Pangolin Share”) for each two (2) outstanding common shares in the capital of Key Gold and Pangolin shareholders received one (1) New Pangolin Share for each outstanding common share in the capital of Pangolin.

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