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Re: News Release 2008 - Wednesday, June 25, 2008
Diamonds North Increses Non-Brokered Private Placement
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VANCOUVER, June 25th, 2008 -- Diamonds North Resources Ltd. (TSX-V:
DDN) reports further to the Company's news release dated June 19th,
2008, the Company announces that the terms of the over allotment option
granted to the underwriters in connection with the Company's $10
million bought deal financing has been amended. The over allotment
option now entitles the underwriters to purchase additional,
Flow-through shares of $500,040 and Units of $2,025,030 for aggregate
additional gross proceeds of CDN$2,525,070 exercisable 48 hours prior
to closing
Diamonds North Resources is focused on discovering Canada's next
Diamond mine. The Company is rapidly evolving and committed to building
long-term value through ongoing
Diamond discoveries.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba President & CEO
For additional information please contact: Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Statements
in this press release, other than purely historical information,
including statements relating to the Company's future plans and
objectives or expected results, may include forward-looking statements.
Forward-looking statements are based on numerous assumptions and are
subject to all of the risks and uncertainties inherent in resource
exploration and development. As a result, actual results may vary
materially from those described in the forward-looking statements.
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Copyright (c) 2008 DIAMONDS NORTH RESOURCES LTD. (DDN) All rights
reserved. For more information visit our website at
http://www.diamondsnorth.com/ or send mailto:info@diamondsnorth.com
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