Canadian exploration diamond company Dunnedin Ventures is headquartered near Vancouver announced that it has received gross proceeds of $ 835,000 from the use of bond coupons and by continued funding.
The main focus of the company is diamond project Kaun (Kahuna) in Nunavut, Canada.
In November 2016 Dunnedin received $ 547,500 after the release of 7,343,307 ordinary shares. She also closed the continuous funding of $ 287,000 from December 30, 2016.
Proceeds from the continuous placement of securities will be used to finance the cost of the qualified exploration, mainly related to the Canadian project Kaun.
"Dunnedin enters 2017 with a strong position in the interests of shareholders through continued exploration on the project Kaun", - said Kris Teylor (Chris Taylor), CEO Dunnedin.
"Review of our newly acquired project Kaun also continues and results will be published as soon as the necessary analysis will be completed," - he added.
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Speaking at the event, Pravinshankar Pandya (Praveenshankar Pandya), chairman of the GJEPC, said: "The 42th ceremony of" Indian awards in the field of precious stones and jewels, "said the merits of the most prominent jewelers in 2015 and gave a day of respect for the most prominent members of the industry I. I am pleased to announce that this year we have received a phenomenal response from all regions of India, presented the award to the winners of more than 364, which is 34% higher compared to last year. it is important to note their high quality of work in spite of the slowdown in the global economy ki. In India, more than 3 million artisans and craftsmen that put our country on the pedestal of the world cutting and polishing business. We are ranked fourth in the world in the production of jewelry, but try to take the first place, if we would contribute to favorable government policies and the right incentives. We We produce beautiful fashion jewelry, but we still have a lot to learn in the category of premium jewelery. Meanwhile, the industry is currently struggling with the problems of falling demand on the world markets. That is why we urge the government to revise the excise tax levied on jewelry in the budget for next year. "
He also added that the excise tax will be a problem for jewelers that do not meet the new standards, 75% of whom are not organized. This will pave the way for extortion . local tax authorities
congratulated the GJEPC, Minister Piyush Goyal (Piyush Goyal) said: "The sector of precious stones and jewelery should engage in dialogue with the government and help the authorities to get rid of administrative barriers to a elat whole system more responsible and accountable. Industry should develop proposals for the government to bring more integrity to the system and to help realize the dream of the Prime Minister. "
Referring to the praise of the jewelry industry, the Minister of Rajasthan, Rajpal Singh Shekhawat (Rajpal Singh Shekhawat) said:" The industry of gems and jewelry in India has a rare combination of the export of capital and labor productivity, and plays an important role in the balance of the country. "
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