STAR DIAMOND CORPORATION CONFIRMS NEW NAME AND TSX TRADING SYMBOL “DIAM” Kenneth E. MacNeill, President and CEO of Star Diamond Corporation (the “Corporation”) is pleased to confirm that the Corporation has commenced trading on the Toronto Stock Exchange under this new name and the new
NEWS RELEASE February 12, 2018
TSX: DIAM Saskatoon, Saskatchewan
STAR DIAMOND CORPORATION CONFIRMS NEW NAME AND TSX TRADING SYMBOL “DIAM”
Kenneth E. MacNeill, President and CEO of Star Diamond Corporation (the “Corporation”) is pleased to confirm
that the Corporation has commenced trading on the Toronto Stock Exchange under this new name and the new
stock symbol “DIAM”. The Corporation’s website domain is now www.stardiamondcorp.com.
The new corporate name, Star Diamond Corporation, is in honour of the Star Kimberlite, located in the Fort à la
Corne forest of Saskatchewan, Canada. It was the exploration and evaluation work completed on the Star
Kimberlite that demonstrated the significant quality, size and value of the contained diamond populations.
These high value diamonds facilitated the consolidation and advancement of the Co rporation’s Fort à la Corne
area kimberlites, including the Star - Orion South Diamond Project.
The name change does not affect the rights of the Corporation’s shareholders. No further action is required by
existing shareholders with respect to the name change, and cer tificates representing common shares of Shore
Gold Inc. will not need to be surrendered or exchanged unless a transfer is being requested.
About Star Diamond Corporation
Star Diamond Corporation is a Canadian based corporation engaged in the acquisition, exploration and
development of mineral properties. The Corporation’s Star- Orion South Diamond Project is located in central
Saskatchewan some 60 kilometres east of the cit y of Prince Albert. The Project is in close proximity to
established infrastructure, including paved highways and the electrical power grid, which provide significant
advantages for future mine development. The Technical Report on the Revised Resource Esti mate for the Star -
Orion South Diamond Project dated November 9, 2015 provided an updated Mineral Resource Estimate for the
Star and Orion South kimberlite deposits: Indicated Mineral Resources of 393 million tonnes containing 55.4
million carats of diamonds at a weighted average price of US$210 per carat. In addition to the Indicated Mineral
Resource Estimate, the Star and Orion South Kimberlites include Inferred Resources containing 11.5 million
carats. During 2017, the Corporation granted Rio Tinto Expl oration Canada Inc.(“RTEC”) an option to earn up to
a 60% interest in the Corporation’s Fort à la Corne mineral properties (including the Star- Orion South Diamond
Project) on the terms and conditions contained in the Option Agreement (see News Release dated June 23,
2017).
All technical information in this press release has been prepared under the supervision of George Read, Senior
Vice-President of Exploration and Development, Professional Geoscientist in the Provinces of Saskatchewan and
British Columbia, and Mark Shimell, Project Manager, Professional Geoscientist in the Province of
Saskatchewan, who are the Company’s “Qualified Persons” under the definition of NI 43-101.
Caution Regarding Forward-Looking Statements
This news release contains forward-looking statements as defined by certain securities laws, including the "safe harbour" provisions of Canadian securities
legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always, identified by the
use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "guidance", "may", "will", "should", "could",
"estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook. In particular, statements regarding the
Corporation's future operations, future exploration and development activities or other development plans constitute forward -looking statements. By
their nature, statements referring to mineral reserves, mineral resources or TFFE constitute forward-looking statements.
Forward-looking statements in this press release include, but are not limited to statements with respect to the Corporation and RTEC's objectives for the
ensuing year.
These forward-looking statements are based on the Corporation's current beliefs as well as assumptions made by and information currently available to it
and involve inherent risks and uncertainties, both general and specific.
Risks exist that forward-looking statements will not be achieved due to a number of factors including, but not limited to, developments in world diamo nd
markets, changes in diamond prices, risks relating to fluctuations in the Canadian dollar and other currencies relative to the US dollar, changes in
exploration, development or mining plans due to exploration results and changing budget priorities of the Corporation or its partners, the effects of
competition in the markets in which the Corporation operates, the impact of changes in the laws and regulations regulating mining exploration,
development, closure, judicial or regulatory judgments and legal proceedings, operational and infrastructure risks and the additional risks described in the
Corporation's most recently filed Annual Information Form, annual and interim MD&A. The Corporation 's anticipation of and success in managing the
foregoing risks could cause actual results to differ materially from what is anticipated in such forward-looking statements.
Although management considers the assumptions contained in forward- looking statements to be reasonable based on information currently available to
it, those assumptions may prove to be incorrect. When making decisions with respect to the Corporation , investors and others should not place undue
reliance on these statements and should carefully consider the foregoing factors and other uncertainties and potential events . Unless required by
applicable securities law, the Corporation does not undertake to update any forward-looking statement that is made herein.
For further information: [email protected] or (306) 664-2202
www.stardiamondcorp.com
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