Hi everyone
Take a look on SEDAR for Debut Diamonds(MD&A), there is a lot of new information just reported on March 31st.
But here's a paragraph about the distribution of the DD share to the KWG shareholder's....
(a)
Debuts plans to list on CNSX: On December 17, 2008, Debuts became a reporting issuer in Ontario. Debuts has a pending application to trade on the Canadian National Stock Exchange, "CNSX." KWG, the only shareholder of Debuts, intends to deliver its Debuts common shares pro rata to the KWG shareholders.
On January 12, 2009, in order to expedite the proposed delivery by KWG Resources Ltd. of one Debuts common share for each 10 KWG common share held, Debuts consolidated the existing 48,156,000 common shares (on the basis of 3 new shares for each 5 old shares) into 28,893,600 common shares of Debuts Diamonds.
(b) Stephen Dunn resigned as director of Debuts Diamonds Inc. on March 23, 2009 to persue other interests.