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Diamonds North Extends/Reprices Warrants
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Vancouver, June 26th, 2009 - Diamonds North Resources Ltd. ("DDN" - TSX
Venture) announces the Company will extend the expiry of certain
outstanding warrants to January 9, 2010, specifically, 2,524,800
warrants previously expiring on July 7, 2009 and 253,500 warrants
previously expiring on July 9, 2009 (collectively the "Warrants"). The
Warrants will be repriced from $1.30 to $0.30 and are subject to a 30
day exercise period should the closing price of the shares of the
Company exceed $0.40 for ten consecutive trading days. This
transaction is subject to the approval of the TSX Venture Exchange.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Kolebaba
President & CEO
For further information, please contact:
Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Website: www.diamondsnorth.com
Email: info@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) 2009 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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Diamonds North Resources Ltd
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EXPLORATEUR |
CODE : DDN.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Diamonds North est une société d’exploration minière de diamants basée au Canada. Diamonds North détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont SIKU, BANKS ISLAND, UALLIQ et VICTORIA ISLAND au Canada. Diamonds North est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,9 millions CA$ (1,8 millions US$, 1,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 janvier 2008 à 2,07 CA$, et son plus bas niveau récent le 15 février 2013 à 0,02 CA$. Diamonds North possède 94 682 000 actions en circulation. |