888-700 W. Georgia St., Vancouver, BC, Canada
V7Y 1G5
Tel:
(604) 718-5454 Fax: (604) 646-2054
Trading
Symbol: NDL.TSX.V
NEWS
RELEASE
NORDIC
RETAINS FIRST CANADIAN CAPITAL CORP.
FOR
INVESTOR RELATIONS
August
1, 2007
Nordic Diamonds Ltd.
(NDL: TSX.V), (“the Company or Nordic”) wishes to announce that it
has retained First Canadian Capital Corp. (“First Canadian”) to
provided investor relations services. First Canadian, a Toronto-based IR
firm representing public companies for over a decade, will assist with
strategic marketing and corporate communications for Nordic’s investor
relations program. First Canadian’s services will include
introduction and presentation of the Company and its projects to private
investors, analysts, broker, money managers and other financial professionals.
Under the terms of the
agreement, First Canadian will receive a fee of $6,000 per month during the
twelve month initial term. Additionally First Canadian will be granted
250,000 incentive stock options exercisable at a price of 25 cents per common
share for a period of two years, vesting in accordance with the Company’s
Stock Option Plan.
Walter Melnyk, P.Eng.,
President of Nordic stated, “We are pleased to have First Canadian as our
partner in an Investor Relations capacity. They have a proven track record and
a wealth of experience and contacts from within our sector. We look forward to
their involvement at this pivotal stage of our corporate growth and
development.”
Nordic Diamonds Ltd is a
Canadian exploration company actively involved in the exploration and
development of diamond and metals projects in Northern Canada, Scandinavia and West Africa.
ON
BEHALF OF THE BOARD OF DIRECTORS
NORDIC
DIAMONDS LTD.
Alvin
Jackson,
P.Geo.
Chairman
and CEO
For
complete details of this news release and other projects, please visit the
Company’s website at www.nordicdiamonds.com or call the
Company’s representatives at:
Telephone:
604-718-5454
Facsimile: 604-646-2054
Email: info@nordicdiamonds.com
First
Canadian Capital Corp.
Telephone:
416-742-5600
1-866-580-8891
The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this news release.
Certain information presented in
this release may constitute “forward-looking statements” within the
meaning of the US
Private
Securities Litigation Reform Act of
1995. Such forward-looking statements are based on numerous assumptions,
and involve known and unknown risks, uncertainties and other factors, including
risks inherent in mineral exploration and development, which may cause the
actual results, performance, or achievements of the Company to be materially
different from any projected future results, performance, or achievements
expressed or implied by such forward-looking statements.