Stornoway Diamonds (TSX.SWY.CA) Corporate Fact Sheet

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Corporate Fact Sheet May 7, 2012

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Stornoway Diamonds (TSX.SWY.CA) Corporate Fact Sheet

  1. 1. Corporate Fact Sheet - SWY:TSXas of April 30, 2012 (unless otherwise indicated*)COMMON SHARES ISSUED: 138,747,365NON-VOTING CONVERTIBLE SHARES: 22,543,918FULLY DILUTED: 192,443,204OPTIONS OUTSTANDING:Year of Expiry Options O/S WAvg Ex Price2012 Total 674,445 $4.592013 Total 963,126 $2.052014 Total 658,525 $1.182015 Total 1,106,850 $2.402016 Total 1,280,000 $1.132017 Total 1,420,000 $1.04Grand Total 6,102,946WARRANTS OUTSTANDING:Year of Expiry Warrants O/S WAvg Ex Price31-Mar-2014 7,500,000 $1.2021-Apr-2014 2,548,975 $1.204-May-2017 15,000,000* $1.21Grand Total 25,048,975CASH AND SHORT TERM DEPOSITS: $47.3 million*DEBT: $20.0 million** On May 4, 2012, the Company entered into a $20 million unsecured debt facility with the Fonds de solidarité FTQ, the Fonds régional de solidarité FTQ Nord-du-Québec, S.E.C. (collectively, the “Fonds”) and Investissement Québec. Proceeds from this $20 million loan are included in the calculation of the cashbalance as at April 30, 2012. In connection with the debt facility, Stornoway has granted the lenders, on a proportionate basis, a total of 15 million sharepurchase warrants, each of which entitles the holder to acquire one common share in the share capital of Stornoway at a price of $1.21 until May 4, 2017.DIRECTORS & OFFICERS:Matt Manson President, Chief Executive Officer and DirectorZara Boldt Vice-President, Finance and Chief Financial OfficerPatrick Godin Chief Operating Officer and DirectorRobin Hopkins Vice-President, ExplorationSteve Malas Corporate SecretaryGhislain Poirier Vice-President, Public AffairsDave Skelton Vice-President, Project DevelopmentAnthony Walsh Chairman
  2. 2. Michel Blouin Director - nominee of Investissement QuebecYves Harvey DirectorJohn LeBoutillier Director - nominee of Investissement QuebecMonique Mercier Director - nominee of Investissement QuebecPeter Nixon DirectorEbe Scherkus Director - nominee of Agnico-Eagle Mines LimitedSerge Vézina DirectorAUDITORS:PricewaterhouseCoopers LLPChartered AccountantsPricewaterhouseCoopers Place250 Howe Street, Suite 700Vancouver, British ColumbiaCanada V6C 3S7Telephone +1 604 806 7000Facsimile +1 604 806 7806TRANSFER AGENT:Computershare Investor Services Inc.510 Burrard Street- 3rd FloorVancouver, B.C. V6C 3B9Phone: (604) 691-7361Fax: (604) 661-9401Website: www.computershare.comCORPORATE DATA:DATE OF CONTINUANCE: October 28, 2011YEAR END: April 30INCORPORATION NUMBER: CBCA 793656-7AUTHORIZED CAPITAL: Unlimited Common SharesCUSIP NO: 86222Q806SEDAR PROFILE #: 00005636ISIN #: CA86222Q8065OFFICE ADDRESS:Unit 116-980 West 1st StreetNorth Vancouver, B.C, CanadaV7P 3N4Tel: 604.983.7750Fax: 604.987.7107WEBSITE: http://www.stornowaydiamonds.comThe Company advises that while every effort has been made to provide accurate corporate details, theinformation contained herein is subject to change without notice.

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