West Africa-focused Stellar Diamonds' (LON:STEL) shares rose after it confirmed further high diamond grades had been returned from the bulk sampling programme under way at its 1.1 million carat Tongo dyke kimberlite project in Sierra Leone.

Highlights included:

- Initial sample processing yielded 151 carats from 141t of kimberlite for a grade of 107cpht with further results expected approximately every four weeks

- Anticipated that diamond grade will increase as further diamonds are recovered following re-processing

- Outstanding quality of diamonds classified as 86% gem quality with several stones greater than 1 carat in size

- Bulk sampling on-going with 772 tonnes collected to date as part of the Dyke-1 mining DFS

- Objective to recover a minimum 1,000 carat parcel for diamond grade and value confirmation

- Previous results established a grade of 120cpht at US$248 per carat from a 1,050 carat parcel

- Definitive Feasibility Study ("DFS") expected to be completed in 2014, culminating in a production decision at Tongo Dyke-1

I'm in ..worth a punt... let's see what happens!

11 September 2017

Issue of equity

Placing and issue of shares to Directors

Open Offer to raise up to £200,000

Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has conditionally raised, through Peterhouse Corporate Finance Limited ("Peterhouse"), £330,000 through the issue of 10,153,847 new Ordinary Shares of the Company at an issue price of 3.25 pence per share ("Placing Shares") (the "Placing"). Completion of the Placing is expected to occur on or around 14 September 2017.

In order to provide all Stellar shareholders with an opportunity to participate in the proposed issue of new ordinary shares of the Company, the Company proposes to raise up to approximately £200,000 (before expenses), at 3.25 pence each through an open offer ("Open Offer") to qualifying shareholders ("Qualifying Shareholders"). Subject to completion of the Placing, investors participating in the Placing will also be considered Qualifying Shareholders for the purpose of the Open Offer. Further details of the Open Offer and a circular providing full details of the Open Offer are expected to be announced and posted to Shareholders as soon as practicable.

Use of proceeds and Update
The Tongo mining licence has been approved by the Minerals Advisory Board in Sierra Leone, subject to the payment of the Tongo environmental licence. Therefore, the net proceeds of the Placing, together with the net proceeds of amounts raised from the Open Offer, will prioritise payment of the Tongo environmental licence and renewal of the Tonguma environmental licence (estimated $250,000 for both). Once the Tongo mining licence is issued fiscal terms may be negotiated and ratified via the Sierra Leone Government and Parliament respectively. Furthermore, funds will be allocated to ongoing costs related to the Tongo-Tonguma project in Sierra Leone, general working capital, and the payment of certain existing creditors whilst the Company continues to progress debt and equity financing to bring the high grade and high value 4.5 million carat Tongo-Tonguma project into production.

Further to the Company's announcement on 2 August 2017 in respect of the Tongo-Tonguma project, the Company continues to keep Octea Mining up to date as to the status of project financing for the Tongo-Tonguma mine development project in Sierra Leone and expects to formalise an extension of the long stop date for satisfaction of certain conditions precedent to the Tribute Mining and Revenue Agreements as required.

The disposal of the Company's Guinea projects and assets is progressing with further due diligence, audit and tax affairs being finalised. The results of these will determine the final net proceeds to be realised. Both Stellar and the acquirer (BDG Capital) have agreed to extend the exclusivity period to the end of September, or beyond should it be required to finalise the sale process.

Proposed issue of shares to Directors

****See Link Below****

http://www.moneyam.com/action/news/showArticle?id=5658770

14 September 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

Completion of Placing

Open Offer to raise up to £200,000

Further to the announcement dated 11 September 2017 Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces the completion of the Placing to raise gross proceeds of £330,000 through the issue of 10,153,847 new Ordinary Shares of the Company at an issue price of 3.25 pence per share and issue of the 1,978,437 new Ordinary Shares to Directors and senior management in lieu of accrued fees, salary, expenses and benefits. The Company also today provides further details of the Open Offer to raise up to an additional £200,000 through the issue of up to 6,153,846 Open Offer Shares.

A circular (the "Circular") setting out full details of the proposed Open Offer will be sent to Shareholders tomorrow (other than to those who have elected to receive Shareholder communications via electronic communication) and will be available on the Company's website www.stellar-diamonds.com. Further information is also set out below.

Total voting rights

Following the issue of the Placing Shares and Fee Shares today, the Company's current issued share capital comprises 54,853,902 Ordinary Shares of 1 pence each. This figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. This figure excludes any new Ordinary Shares which may be issued pursuant to the Open Offer.

http://www.moneyam.com/action/news/showArticle?id=5665376

5 September 2017

AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

PDMR Dealing

Further to the announcement dated 11 September 2017 Stellar Diamonds plc, the Company confirms the issue of new ordinary shares in the Company to Directors and senior management in lieu of accrued fees, remuneration and expenses as follows:

http://www.moneyam.com/action/news/showArticle?id=5665896

18 September 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

Corporate Presentation Update

Stellar Diamonds plc (AIM: STEL) the London-listed diamond development company focused on Western Africa, advises that the Company has updated its presentation on the 4.5 million carat Tongo-Tonguma mine development project in Sierra Leone. This presentation can be found on the Company's website http://stellar-diamonds.com/investors/presentations

25 September 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

Payment of Tongo Environmental Licence

Extension of Tribute Mining Agreement Longstop date

Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has paid US$150,240 to the Sierra Leone Environmental Agency for the Tongo Environmental Licence. As previously stated, the Tongo Mining Licence has been approved by the Minerals Advisory Board subject to the issuing of the Environmental Licence. Once the Environmental Licence has been issued the National Minerals Agency will draw up the Tongo Mining Licence for consideration and signature by the Minister of Mines and Minerals Resources.

Furthermore, the Company has agreed with Octea Mining to extend the longstop date (for the satisfaction of certain of the conditions precedent of the binding Tribute Mining and Revenue Agreements ( "Agreements") in relation to the Tongo-Tonguma mine development project in Sierra Leone, as defined in the announcement dated 28 April 2017) to 31 October 2017.

Chief Executive Karl Smithson commented:

"The payment of the environmental licence fee is an important step to Stellar being issued the large scale mining licence for the Tongo project. The adjacent Tonguma project already has a 25 year mine licence issued in 2012. The combined Tongo-Tonguma project covers a series of high-grade and high-value kimberlites, three of which host a 4.5 million carat resource that comprises the 21 year life of mine plan. The longstop date of the Agreements has been extended as we continue to progress potential project funding and complete other certain conditions precedent to the Agreements. We look forward to providing a further update as we progress."

http://www.moneyam.com/action/news/showArticle?id=5676996

3 October 2017
AIM: STEL
Stellar Diamonds plc


Result of Open Offer

Issue of Equity

Director/PDMR Dealings



On 14 September 2017, Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announced the details of, inter alia, an Open Offer to raise up to an additional £200,000 through the issue of up to 6,153,846 new ordinary shares at a price of 3.25 pence per share.

The Open Offer closed for acceptances on 2 October 2017 and the Company announces that the open offer was oversubscribed and accordingly excess entitlements applied for under the Excess Application Facility were scaled back.

After scale back, the Company has received valid acceptances in respect of the full allocation of 6,153,846 Open Offer Shares from Qualifying Shareholders, raising £200,000 before expenses, which includes applications for 4,920,760 Open Offer Shares under the Excess Application Facility. Open Offer Shares issued under the Excess Application Facility represent approximately 80% of the Open Offer Shares offered.

Certain Directors and senior management subscribed for Open Offer Shares at the Issue Price as follows: ***See Link Below***

http://www.moneyam.com/action/news/showArticle?id=5688520

16 October 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

Update on Disposal of Guinea Assets

Stellar Diamonds plc, the diamond development company focused on West Africa, announces that it has signed conditional share purchase agreements with Gold Knight Limited, a wholly owned subsidiary company of BDG Capital Limited ("BDG") in relation to the proposed sale (the "Transaction") of Stellar's assets in the Republic of Guinea ("Guinea"), as previously announced on 5 June and 14 August 2017.

Following the due diligence process undertaken by BDG, a final purchase price of US$1,250,000 has been agreed for the Transaction, of which Stellar has received US$500,000 to date. The proceeds already received have been applied to the Company's working capital since June. Completion of the Transaction and receipt of the balance of funds is conditional upon payment by Stellar of certain government taxes in Guinea, amounting to approximately US$123,000 which are due by Stellar's locally incorporated subsidiary in Guinea which is being sold. Completion is expected to occur later this month. A further announcement will be made in due course regarding completion.

Chief Executive Karl Smithson commented:
"We are delighted to be able to bring the disposal of our Guinea assets to a close. Stellar's carrying cost in Guinea is approximately US$70,000 per month and we look forward to focusing our resources exclusively on progressing the high-grade and high value 4.5 million carat Tongo-Tonguma kimberlite mine development project in Sierra Leone.

"We wish BDG every success in taking the Guinea projects forward."

Further terms of the Transaction
Pursuant to the conditional share purchase agreements entered into, Stellar has made customary warranties and indemnities in respect of the Guinea assets.

http://www.moneyam.com/action/news/showArticle?id=5704187

Stellar Diamonds gets mine licence

StockMarketWire.com

Stellar Diamonds has been granted an environmental licence for its Tongo project by the government of Sierra Leone.

It is now expected that the country's National Minerals Agency will draw up the Tongo Mining Licence for consideration and signature by the Minister of Mines and Mineral Resources.

"The receipt of the environmental licence marks an important milestone in the proposed development of the Tongo deposit into commercial production," chief executive Karl Smithson said.

"We look forward to providing a further update in due course."

http://www.moneyam.com/action/news/showArticle?id=5715227

28 November 2017
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")

Corporate Update
Issue of Equity

Stellar Diamonds plc, the diamond development company focused on West Africa, announces that it has completed all necessary Guinean governmental tax payments, and has received the required tax clearance certificates in relation to the disposal of its Guinea companies and assets to BDG Capital ("BDG"). BDG is completing its review of these documents after which it is expected that the transaction will complete and the balance of the funds will be transferred to Stellar, as announced on 16 October 2017. The funds are expected to be utilised towards ongoing project costs in Sierra Leone as well as general working capital.

Stellar is in discussion with its Convertible Loan Note (CLN) holders regarding extensions to the outstanding loan notes and is confident these will be secured in the near future. Furthermore, Stellar is in discussion with Octea Mining regarding an extension to the Tribute Mining Agreement longstop date and is expected to secure such an extension in the near future. The Company also continues discussions with certain funding groups in relation to the required capital requirements for the Tongo-Tonguma mine development in Sierra Leone.

The Company has also agreed to issue today 1 million new ordinary shares in Stellar at a price of 3.25p per share as settlement of certain advisory fees ("Fee Shares") in order to preserve cash. Application will be made for the Fee Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM. Admission is expected to occur on 4 December 2017.

Further announcements will be made in due course as the Guinea transaction completes and extensions to the CLN's and transaction longstop date are finalised.

Total voting rights

Following the issue of the Fee Shares today, the Company's current issued share capital comprises 62,007,748 Ordinary Shares of 1 pence each. This figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5760110

19 December 2017
AIM: STEL
Stellar Diamonds plc ("Stellar" or the "Company")

Final Results

Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, announces its final results for the period ended 30 June 2017.

Operational Highlights:

Tongo Project, Sierra Leone (100% owned):

· Tribute Mining and Revenue Share Agreement signed with Octea Mining over the combined Tongo and neighbouring Tonguma licences

· Revised resource statements demonstrate a combined 4.5 million carats (+1.18mm) at recovered mining grades ranging from 100cpht to 260cpht and diamond values of between $209/ct to $310/ct

· A further 8 million carats identified as future exploration target

· Revised Preliminary Economic Assessment, mine plan and financial model prepared by independent consultants PPM and SRK Consulting, showing;

o Initial capital requirement of $32 million

o 21 year life of mine

o Production targeted within 12 months of funding

o Target production ramp up to over 200,000 carats per year by end of Year 3 giving annualised cash flows of $45 million per annum

o 49% margin

· Calculated post-tax/funding real NPV(8) of $109 million and IRR of 31%

· Environmental Licence issued by Government of Sierra Leone, post period end, with mining licence expected to be issued

· Stellar engaged market leaders in natural resource funding Exotix Capital to seek project funding

· Extension of tribute mining agreement longstop date extended to 31 January 2018



Guinea Assets Disposal:

· Share Purchase Agreements (post period end) signed with BDG Capital for sale of Stellar's Guinea assets, including all three subsidiary companies, for $1.25 million

· US$250,000 exclusivity fee advance received during the financial year, with a further US$250,000 received post period end

· The final balance, less certain exit costs including in country taxes and staff retrenchments received upon closing of the transaction post period, of US$366,000 bringing the total cash received to US$866,000 after payment of taxes, retrenchments, certain creditors and other exit related costs

· Saving of $70,000 per month from the Guinea exit going forwards



Kumgbo Project, Liberia (90% owned):

· Licences remain on care and maintenance whilst a joint venture partner is sought

· Historical Stellar results were positive with some high interest indicator mineral anomalies in areas of artisanal diamond digging

· New diamondiferous kimberlites discovered by another group in neighbouring licence demonstrate prospectivity of the Kumgbo project


Financial Highlights:

· US$1.2 million cash raised in the financial year through a combination of equity and debt

· A further $0.25 million received in the year as an advance on the sale of the Group's Guinea assets (as part of the $1.25m Guinea asset disposal)

· Loss before impairments and discontinued activities reduced from $2.75m to $2.25m



Stellar Diamonds Chief Executive Karl Smithson commented:

"The combined Tongo-Tonguma project has the potential to be an exceptional mine. The current plan demonstrates a 21-year life of mine exploiting the initial 4.5 million carats. Forecast production targets of over 200,000 carats per annum would generate significant estimated annual cash flows of US$45 million. The project has an after tax NPV attributable to Stellar of $109 million. This is far in excess of the Company's current market capitalisation and therefore rightly deserves our exclusive strategic focus.

"Furthermore, Sierra Leone has demonstrated twice this year why it should be the target of diamond miners. Gem quality diamonds of 709 carats and 478 carats have been discovered by third parties and the country has a rich history of yielding world class stones, such at the 970 carat "Star of Sierra Leone".

"During the past year the proposed acquisition of the Tonguma diamond project has been restructured to a tribute mining and revenue share agreement. The terms of the transaction require Stellar to fund the capital development of the combined Tongo-Tonguma mining operation in return for a de-facto 90% revenue share of future project revenues, once Stellar has fully recouped its capital outlay. Stellar and Octea continue to work together to extend the longstop dates to the completion of the Tribute Mining and Revenue Share agreements as required, to allow Stellar the necessary time to complete the required project development funding.

"The capital markets for junior resource companies remain challenging, and although the Company's current financial position is weak we have obtained strong shareholder support in recent open offer financings. Stellar continues to carefully manage its day to day working capital and alongside our loan note holders, who remain fully supportive, we are working on, and remain optimistic of securing, the required project funding to develop the Tongo-Tonguma project. The mine has the potential to be the second largest kimberlite diamond mine in West Africa and transform Stellar from a small cap explorer in to a mid-tier diamond mining company."

Financial statements and going concern

The Financial Statements will be available on the Company's website, www.stellar-diamonds.com, shortly and will be posted to Shareholders (other than those who have elected to receive shareholder information via electronic communication) in due course.

Whilst the Directors remain optimistic of securing future project funding, Shareholders should note the existence of a material uncertainty in respect of the Group's ability to continue as a going concern as set out in the Audit Report contained in the Financial Statements and summarised in Note 1.3 below. The Company's ability to continue as a going concern is dependent on the continued support of its loan note holders, creditors and the ability of the Company to raise further funds in the near term.

http://www.moneyam.com/action/news/showArticle?id=5788016

Possible Offer for Stellar Diamonds

http://www.moneyam.com/action/news/showArticle?id=5839058

VOX Podcast 12:10 in:

https://audioboom.com/posts/6635932-powerhouse-energy-phe-stellar-diamonds-stel-phoenix-global-mining-pgm-and-russ-mould-on-nicl-trcs-jay

RE.: POTENTIAL OFFER FOR STELLAR DIAMONDS PLC

Further to our letter dated 5 February 2018, we now enclose the Company's Opening Position Disclosure, together with Opening Position Disclosures provided by Company shareholders.

Kindly note that these disclosures are made as at 9 February 2018, and with respect to each shareholder's holding in Newfield Resources Limited, are based on the shares on issue at that date, being 270,583,335 fully paid ordinary shares. The disclosures will be posted to the submission platform RNS Submit.

For your convenience, we have grouped all of the disclosures that relate to Stellar Diamonds plc together, and all of the disclosures that relate to Newfield Resources Limited together.

A summary of the disclosures is shown below:

http://www.moneyam.com/action/news/showArticle?id=5850181

9 February 2018
Stellar Diamonds plc ("Stellar" or the "Company")


Receipt of US$3 million Loan

Director holding and update of irrevocable undertaking

AIM: STEL

http://www.moneyam.com/action/news/showArticle?id=5850711

NEWFIELD RESOURCES LIMITED busy this morning!

http://www.moneyam.com/action/nav/news?epic=STEL

20 February 2018
AIM: STEL
Stellar Diamonds plc

Commencement of Front End Engineering and Design for Tongo-Tonguma Project

Stellar Diamonds plc, the London quoted diamond exploration and development company focused on West Africa, announces that the Front End Engineering and Design study ("FEED") for the underground mine development of the Tongo-Tonguma project ("Project") has commenced. A team of five consultants from contractors Paradigm Project Management Pty Ltd ("PPM") and SRK Consulting ("SRK") have arrived on site to begin the various work streams associated with the FEED programme (see below).

Chief Executive Karl Smithson commented:

"We are pleased that the first key milestone in the mine development at Tongo-Tonguma has commenced. PPM are highly experienced in the delivery of diamond mine projects and together with SRK they will refine all elements of the mine plan as determined in the published PEA to higher levels of confidence in order to reduce the project delivery risk. With over 66,000 metres of drilling completed at the Project to date, we will drill of a further 9,000 metres of mine plan related drilling to a depth of 75 metres concurrent with the FEED study."


FEED Objectives

The main objectives of the FEED study are to better define the technical requirements of the Project in order to ensure that the correct underground mine design is implemented and that the treatment plant design and layout is properly designed and the unit processes are clearly identified.

Although the combined Tongo-Tonguma projects have seen some 66,000 metres of drilling, approximately 9,000 metres of additional core drilling is intended to be undertaken at 50 metre intervals. The aim of this is to better define the near-surface geology of the kimberlites in resource with particular reference to siting of the decline portals, the declines and the development drives for the first two levels of mining to a depth of 75 metres below surface. Furthermore, the drilling will provide the necessary geotechnical and hydrogeological information for the initial years of mining.

The FEED programme will also define the final capital expenditure estimate and the operating cost budgets. In addition, the Project execution plan will also be developed. A refined financial model will also be developed for the mine.

Key FEED Elements and Deliverables

The following list highlights the key FEED work streams and deliverables by PPM/SRK and Stellar:

- Mining and design

- Underground geotechnical

- Hydrology

- Underground infrastructure

- Hydrogeology

- Surface geotechnical

- Surface infrastructure

- Bulk services (power and water supply)

- Treatment plant

- Security and product protection

- Operational readiness (including manpower plan, preliminary project procurement )

- Procurement and logistics

- Project execution plan

- Risk and opportunity management

- Project Management and services

- Infill mine plan drilling

- Environmental management in line with approved EIA's

- Social and community liaison

- Legal and permitting

http://www.moneyam.com/action/news/showArticle?id=5861880

26 February 2018

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

http://www.moneyam.com/action/news/showArticle?id=5869377

28 February 2018

Stellar Diamonds plc ("Stellar" or the "Company")



Statement re. Rule 2.6 Extension

http://www.moneyam.com/action/news/showArticle?id=5872369

1 March 2018
AIM: STEL
Stellar Diamonds plc

Completion of Tribute Mining Agreement over Tongo-Tonguma, Sierra Leone

Stellar Diamonds plc, the London quoted diamond exploration and development company focused on West Africa, is pleased to announce the completion of the Tribute Mining Agreement and Revenue Share Agreement ("the Agreements") with Octea Mining Limited ("Octea") in respect of the Tongo-Tonguma kimberlite diamond project in eastern Sierra Leone ("Completion").

Completion follows the satisfaction or waiver of the conditions precedent to the Agreements, including, inter alia, satisfaction of the Initial Financing Condition (as such term was defined in the Company's announcement on 28 April 2017, which set out key terms of the Agreements) and all encumbrance over the Tonguma company or assets having been lifted.

Pursuant to an agreement dated 27 February 2018, both Stellar and Octea have agreed that outstanding title opinions over the Tongo and Tonguma licences will be provided following payment of licence fees for the existing Tonguma mining licence held by Tonguma Limited which Stellar is expected to fund shortly. The Tongo mining licence has been approved by the Minerals Advisory Board and the licence fee is expected to be paid when the Company has secured the project funding. In this regard, the Company is continuing its discussions with Newfield Resources Limited regarding the Possible Offer as announced on 1 February 2017 and 28 February 2018.

Chief Executive Karl Smithson commented:

"The closure of the Agreements with Octea mark a major milestone for Stellar as it secures the Tongo-Tonguma project for the planned long-term development programme. We have already commenced the front end engineering design ("FEED") programme and have signed a contract for 9,000 metres of mine development drilling that will enhance the geological control for the first two levels of mining.

"Discussions are ongoing with Newfield Resources regarding the indicative offer which, if successfully concluded, and supported by our respective shareholders, will result in sufficient funding being made available to bring the Tongo-Tonguma project into production according to the refined mine plan that will be generated by the FEED programme. We look forward to updating shareholders in the near future."

http://www.moneyam.com/action/news/showArticle?id=5874414

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")


http://www.moneyam.com/action/news/showArticle?id=5876616