In July 2007, Fasken Martineau Stringer Saul acted for GMP Securities Europe LLP on a placing of ordinary shares in Stellar Diamonds Limited in to raise £4.2 million in pre-IPO financing, prior to an intended flotation on the AIM Market of the London Stock Exchange. The placing is a significant milestone for Stellar Diamonds and the corporate strategy of Mano River Resources Inc., Stellar's parent company. The net proceeds will be used to procure plant for a project in Guinea, to advance diamond exploration activities, maintain joint venture interests and as additional working capital. GMP Securities is an appointed representative of Panmure Gordon (UK) Limited.