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Website - http://www.stornowaydiamonds.com/

Name - Stornoway Diamonds Corp
Address: 116 - 980 1st St W
North Vancouver BC V7P 3N4
Phone: 604 983 7750
Fax: 604 987 7107
 
Warrant Symbol - SWY.WT
Number Trading - 6.25 million
Expiration Date - April 11, 2009
Cusip - 86222Q 12 9
Exercise Price - $1.50
Warrants called to trade news:
 
Stornoway to list 6.25 million warrants on April 11

2007-04-09 17:36 MT - Warrants Called to Trade
TSX bulletin 2007-0466

A total of 6.25 million common share purchase warrants of Stornoway Diamond Corp. will be listed and posted for trading at the open on Wednesday, April 11, 2007, under the following trading information:

Warrant symbol: SWY.WT
Warrant Cusip No.: 86222Q 12 9
Trading currency: Canadian dollars
Designated market-maker: Raymond James Ltd.
Other markets: None

The warrants are being issued in connection with a prospectus offering of units by the company, each unit consisting of one common share and one-half of a warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of $1.50 per share at any time up to 4 p.m. (Vancouver time) on the date that is 24 months following the closing date of the offering.

The warrants will be governed by the terms of a warrant indenture between the company and Pacific Corporate Trust Co., as warrant agent. The warrant indenture will provide for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

Please see elsewhere in today's bulletins for information regarding the additional listing of common shares underlying the units.


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