- "better alignment of preexisting shareholders with the Quebec government": who better to have as a major shareholder the previous co-owner, the Quebec government. Quebec gov't have removed themselves from any potential conflict of interest in the approvals process yet remain as a major shareholder with the clear intent of reaping the benefits from development and production of Canada's next great diamond mine! Clearly this constitutes a "better alignment" as they now share the same objectives as the pre-existing shareholders.

- "removes the previous overhang of uncertainty regarding the ultimate ownership of the Renard assets": clearly the Market and all shareholders will appreciate the fact that the 50% of Renard previously owned by Soquem won't end up in the hands of another company who might want to use it to make a hostile takeover bid of SWY. With the imminent approval of the Stornoway offer, the entire Renard deposit and all its upside resides with SWY. And perhaps even better is the fact that majority ownership rests with a diverse but incredibly stable and committed group consisting of Quebec Government, Rio Tinto, Agnico Eagle, and Lundin Mining. The Market will soon view Stornoway in the same light as a major Blue Chip stock: will continue to gain value for years to come. The last piece of the puzzle is a simple 1 for 5 accounting exercise IMHO. This is the final move that will validate SWY as an up-and-coming MAJOR in the Canadian and world diamond industry.

Bottom line: SWY has taken the steps to become a stable and credible company and diamond producer that also enjoys a pipeline of diamond projects which should continue to fuel the value of the corporation for many years to come. There is no other diamond company on a Canadian listing that will enjoy the upside that SWY has to offer.