Latest news with #Boulle
Yahoo
03-06-2025
- Automotive
- Yahoo
Nick Boulle Returns to the 2025 24 Hours of Le Mans
DALLAS, June 3, 2025 /PRNewswire/ -- Nick Boulle of de Boulle Diamond & Jewelry, an independent jewelry salon with locations in Dallas and Houston, is confirmed to race with Inter Europol Competition in the 2025 24 Hours of Le Mans. As part of the prize for winning last year's IMSA Driver's and Team Championship – de Boulle Motorsports received the "Truman Award." This award grants Nick Boulle a "golden ticket" entry to the prestigious Le Mans 24 Hours where he will compete in the LMP2 class. He will be joined by team regular Luca Ghiotto and newcomer to the team, Le Mans local, Jean-Baptiste Simmenauer. With the 93rd running of the 24- hour race, the trios #34 and #43 will race against 62 cars, including 15 LMP2 rivals. This will mark Boulle's third time to compete at the World's most iconic motorsport event. Boulle previously raced alongside David Cheng and Pierre Nicolet where they placed 7th place in LMP2. "Competing with this lineup in the 24 Hours of Le Mans is the realization of a lifelong dream and the ultimate test for any driver in motorsport," Boulle shared. "I'm incredibly proud to take on this challenge, representing not only our team and family but also our business." "Doing this with Inter Europol Competition after such an incredible season last year driving alongside Kuba and Tom is going to be a highlight for me. I am looking forward to it in part because we always had so much fun with Kuba, Sascha, Tom and this IEC family team. And on top of that, they have shown that they know how to put together an amazing car for this race in particular. We will put our heads down and fight to make a great result happen." "I'm excited to get to know Luca and JB as we prep for this event. We'll do everything we can to make something very special happen! In fact, the day of the start of the race is my daughter, Celine's, first birthday so my hope is that she will bring us a lot of good luck (and we can all celebrate her birthday in France!)" To make Boulle's debut possible, de Boulle Motorsports has partnered with several prominent companies: Mizzen & Main, Graff Interests, Focus Commercial Real Estate, 7S Investments, Haas Company, and Fleur de Lis Energy to name a few. About deBoulle Motorsports / deBoulle Diamond & JewelrydeBoulle Motorsports is a living and moving illustration of the passion for excellence that deBoulle Diamond & Jewelry has for both jewelry and timepieces. With Nick Boulle at the helm, the team has competed in races across the United States and Europe, specializing in endurance racing at speeds of 200 miles per hour. In 2017, Boulle won the Rolex 24 at Daytona. deBoulle Diamond & Jewelry was established in 1983 by Denis and Karen Boulle. Now, a family business with the second generation on board to deliver an unrivaled collection of diamonds, fine jewelry, exquisite timepieces and impeccable service in an extraordinarily beautiful and luxurious environment. deBoulle has served thousands of discerning customers and built a reputation as one of the pre-eminent independently owned jewelers in the United States with locations in Dallas and Houston. For more information, visit View original content to download multimedia: SOURCE deBoulle Diamond and Jewelry
The Market Online
16-05-2025
- Business
- The Market Online
Mining luminary invests in top undeveloped diamond deposit
Star Diamond (TSX:DIAM), owner of the world's largest undeveloped diamond deposit, has raised C$4 million through a private placement and C$800,000 through an unsecured loan with Spirit Resources, a Luxembourg-based private investment company Star Diamond is a Canadian-based acquirer, explorer and developer of mineral properties with a focus on diamonds in Saskatchewan Star Diamond stock has given back 21.88 per cent year-over-year and 75 per cent since 2020 Star Diamond (TSX:DIAM), owner of the world's largest undeveloped diamond deposit, has raised C$4 million through a private placement and C$800,000 through an unsecured loan with Spirit Resources, a Luxembourg-based private investment company. Spirit is owned by Jean-Raymond Boulle, who previously served as chairman, founder and chief executive officer of Diamond Fields Resources, which discovered the Voisey's Bay Mine acquired by Inco in 1996 for $4.3 billion. Boulle spent a decade at De Beers Diamond Trading Company London working in Zaire, Sierra Leone and Belgium, and maintains interests in numerous diamond exploration and mining assets, including in Namibia and Angola, in addition to controlling luxury retail companies in the downstream industry. Boulle's decorated career also includes founding mining companies behind discoveries of nickel, cobalt, copper, zinc and titanium, as well as successfully listing companies on the AIM (England), TSXV (Canada), ASX (Australia) and SEM (Mauritius) exchanges, making him a key addition to Star Diamond's development efforts. The company plans to allocate the proceeds to working capital, general corporate purposes and towards a pre-feasibility study for its Fort à la Corne diamond project. A 2018 preliminary economic assessment on the project's Star and Orion South kimberlites details potential production of 66 million carats over 38 years, representing an after-tax net present value of $2 billion and a payback period of only 3.4 years. Learn about Star Diamond's near-term plans by reading the company's Q1 2025 results. Financing details Spirit Resources will pick up 133,333,333 units priced at C$0.03 each, with each unit consisting of one common share and one share purchase warrant. Each warrant is exercisable between C$0.04 within one year and C$0.05 after two years from closing. Upon closing, Spirit will hold 194,455,143 or 25.82 per cent of Star Diamond's issued and outstanding shares, up from 61,121,810 shares or 9.86 per cent on a non-diluted basis. The term loan bears interest of 6 per cent per year and will mature upon the earlier of the closing of the private placement or the loan's 180th day after issuance. The private placement is subject to shareholder approval, which will be sought at a special meeting to be announced. According to Friday's news release, closing must occur by August 29, 2025. Leadership insights 'We are very pleased to welcome Jean-Raymond Boulle as a transformative shareholder to move this incredible diamond project forward. Mr. Boulle's reputation as a successful entrepreneur in the mining sector speaks for itself and his connections in the diamond industry will be extremely useful in the search for financing to build this world-class mine,' Ewan Mason, Star Diamond's president and chief executive officer, said in a statement. About Star Diamond Star Diamond is a Canadian-based acquirer, explorer and developer of mineral properties with a focus on diamonds in Saskatchewan. Star Diamond stock (TSX:DIAM) is up by 4.17 per cent on the news trading at C$0.062 per share as of 9:57 am ET. The stock has given back 21.88 per cent year-over-year and 75 per cent since 2020. Join the discussion: Find out what everybody's saying about this Canadian diamond mining stock on the Star Diamond Corp. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
