Debut Diamonds Inc.

Debut Diamonds Inc. is announcing that the Company has appointed Yazeed Esnan to the current board of directors, effective as of the date hereof. Mr. Yazeed Esnan has been an associate at First Republic Capital, since graduating from Dalhousie University with a Bachelor of Commerce in Finance in 2017. In this time, he has acquired ample experience in equity financings and RTO transactions to take companies public [...]

Debut Diamonds Inc. announces that it has entered into a binding agreement dated February 2, 2021 with WeSana Health Inc. to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Wesana Health. If completed, the Transaction will constitute a "fundamental change" of Debut Diamonds pursuant to the policies of the Canadian Securities Exchange . The Transaction [...]

Debut Diamonds Inc. announces that, due to the COVID-19 pandemic, the conditions of the agreement governing its previously announced business combination with Inolife R&D Inc. have not been fulfilled and the parties have mutually agreed to terminate the transaction. The Company will continue to search for new business opportunities and transactions. Debut Diamonds is a mineral exploration company with no current [...]

Debut Diamonds Inc. and Inolife R&D Inc. announce that, in consideration of the unpredictable recent events surrounding the Covid-19 pandemic, the parties have entered into an agreement to amend their previously announced binding memorandum of agreement. Under the terms of the amending agreement dated May 8, 2020, the parties have, among other things, agreed to extend the deadlines for entering into a definitive [...]

Debut Diamonds Inc. announces that it has entered into a binding memorandum of agreement dated March 2, 2020 with Inolife R&D Inc. to complete a business combination by way of a transaction that will constitute a reverse takeover of the Company by Inolife. If completed, the Transaction will constitute a "fundamental change" of Debut Diamonds pursuant to the policies of the CSE. It is currently anticipated that the [...]

Debut Diamonds Inc. announces that it has sold all of its mining claims to KWG Resources Inc. for cash consideration of $1,200, pursuant to the terms of a claims purchase agreement between the Company and the Purchaser dated December 23, 2019. In addition, the Company announces the following resignations effective immediately: Frank Smeenk as director, President and Chief Executive Officer, Michael Minas as director [...]

ebut Diamonds Inc. announces its plans to consolidate all of the Company's issued and outstanding common shares on the basis of 16.667 to one (1). Effective December 10, 2019, with a record date of December 11, 2019, the Company expects to begin trading the Shares on the Canadian Securities Exchange on a post-Consolidation basis under its existing name and ticker symbol. The new CUSIP and ISIN for the Shares is [...]

Debut Diamonds Inc. is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds of $600,000 and the settlement of $90,000 in debt. Under the Private Placement, the Company issued an aggregate of 200,004,000 units at a price of approximately $0.003 per Unit, or $0.05 per Unit after adjusting for the Consolidation. Each Unit is comprised of one (1) common share of [...]

Debut Diamonds Inc. today announced a series of transactions, including the engagement of KWG Resources Inc. as its exclusive agent to source buyers for its various diamond mineral resource properties, changes to its board of directors, a proposed private placement, a proposed conversion of debt into common shares of the Company, and the sale by KWG of all of the Common Shares that it previously held in Debut [...]