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Investors left with 'significant' tax bill sue B.C. diamond company, advisers for $700K

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Winnipeg businessmen sue Arctic Star Exploration Corp. for $ 700,000 in damages.

Sandy Shindleman and his brother, Robert , bought shares in the company in 2015 .

They say they were told the shares they bought were “flow through shares” that would provide them with “significant tax benefits” They received a tax bill in 2022 advising them the shares did not provide any tax benefit.

None of the allegations have been proven in court.

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