Stornoway Announces Financing Agreements With Québec For the Route 167 Extension

Stornoway Diamond Corporation ( TSE:SWY)Stornoway Diamond Corporation (TSX:SWY) announced it has agreed with the province of Québec to help fund the extension of an important route to the company’s Renard Diamond project.

The press release is quoted as saying:

Under the auspices of the Plan Nord, $1.2 billion will be committed over five years to fund infrastructure development in the region of Québec north of the 49th parallel. Included in this amount will be $331.6 million to facilitate the construction the Route 167 Extension, a funding commitment initially announced on March 17, 2011.

Click here to read the entire news release.

Click here for a profile of Stornoway Diamond Corporation (TSX:SWY)

Get the Latest Diamond Investing Stock Information

Get the latest information about companies associated with Diamond Investing delivered directly to your inbox.

Diamond

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Ag-CoverGet our expert guide to diamond investing FREE! Download this FREE Special Report, Investing in Stornoway Diamonds or Other Canadian Diamond Mines – Beyond the Diamond Price Calculator.
Comments

Leave a Reply