QualityStocksNewsBreaks – Diamcor Mining Inc. (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) Enters LOI for $5.0M Term Loan
Diamcor (TSX.V: DMI) (OTCQB: DMIFF) (FRA: DC3A) is a well-established Canadian diamond mining company with a proven history in the mining, exploration and sale of rough diamonds. The company has announced its entry into a non-binding letter of intent (“LOI”) for a non-dilutive financing of up to USD $5,000,000 with a well-established Dubai-based manufacturer and supplier of bridal and anniversary diamonds to the global market. “This financing is the result of long-term relationships we have developed with key associates in Dubai over many years, and the mutual vision our companies share on the merits of building a growing supply of…