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Gold/Mining/Energy : Stornoway Diamond Corporation (SWY.V)
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To: TheSlowLane who started this subject7/21/2003 6:42:40 PM
From: TheSlowLane  Read Replies (1) of 74
 
It's official...

Northern Empire Minerals Ltd. Changes Name to Stornoway Diamond Corporation
7/21/03


VANCOUVER, British Columbia, Jul 21, 2003 (BUSINESS WIRE) --
Pursuant to a special resolution passed by shareholders July 11, 2003, the Company has changed its name from Northern Empire Minerals Ltd. to Stornoway Diamond Corporation. There is no consolidation of capital.

Effective at the opening July 22, 2003, the common shares of Stornoway Diamond Corporation will commence trading on TSX Venture Exchange under the new symbol SWY.

Stornoway Diamond Corporation holds a 70% interest in the 7 million acre Aviat Project, located on the Melville Peninsula in Nunavut and host to the diamondiferous AV-1 kimberlite. The Company also maintains a 35% interest in the Churchill diamond project, totaling more than 1.5 million acres located near the community of Rankin Inlet, Nunavut. Recent drill testing of geophysical targets identified at Churchill in 2002 has resulted in the discovery of nine new kimberlite-like bodies.

Other diamond interests held within prospective diamond regions throughout Canada include the Coronation (North Slave) properties in Nunavut as well as the Otish Mountain property in Quebec. Stornoway Diamond Corporation's properties encompass over 11 million acres, making its landholdings one of the largest in Canada.
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