TORONTO, ONTARIO (September 9, 2019) – Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”)announces the closing of a non-brokered private placement financing (“the Offering”) for aggregated gross proceeds of $848,860. The Company also wishes toupdate shareholders on recent activities at its projects in the Republic of Botswana.
- Closing of oversubscribed non-brokered private placement for gross proceeds of $848,860
- Extends option on the diamondiferous AK10 kimberlite pipe
- Plans Phase 1 drilling program at MSC to test recently identified high priority targets
TORONTO, ONTARIO (August 28, 2019) –Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”) is pleased to update shareholders on recent activities at its wholly owned projects in the Republic of Botswana.
- Detailed soil sampling program in the MSC Project recovers 17thand 18thdiamond
- Renewal of six Prospecting Licences and addition of two new Prospecting Licences
- High-density ground magnetic survey identifies additional pipe-like anomalies
TORONTO, ONTARIO November 27, 2018 – Pangolin Diamonds Corp, (“Pangolin” or the “Company”) (TSX-V:PAN) is pleased to announce that it has reached an agreement with Umgeni Holdings International Limited (“Umgeni”) under which Umgeni has agreed to acquire a royalty interest in Pangolin’s Precious Stones Prospecting Licences located within the Central District of Botswana, as well as an area defined as the Adjacent Area of Interest for $600,000. Umgeni is a private company of which Dr. Christopher Jennings is a beneficiary of the sole shareholder that initially purchased a 1.3% GOR and a 1.3% NSR for $600,000 in May of 2017 (see news May 23, 2017).
TORONTO, ONTARIO (July 17, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has finalized the commercial terms of the Joint Venture Agreement with Makanwu Civil Blasting (PTY) Ltd. (MCB), a private company incorporated under the laws of the Republic of Botswana owned by citizen partners. PAN has previously announced (Please see our April 3rd 2018 release) signing an Option Agreement under which it has the option to enter into a Joint Venture with MCB after PAN has evaluated the geological merits of the AK10 kimberlite. Under the Joint Venture Agreement, MCB has granted PAN the sole and exclusive option to earn up to a 75% interest in respect of MCB’s precious stone AK10 Diamond Project located in the Central District of Botswana, Africa. Continue reading