Stornoway Announces Completion Of First Diamond Sale (from Quebec Renard Mine)

23 November 2016

11/23/2016

Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) is pleased to announce the completion of the first sale of Renard diamonds held between the 14th and 23rd of November in Antwerp Belgium.

In total, 38,913 carats were sold at an average price of US$195 per carat, for proceeds of US$7.6 million (C$10.2 million).