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Re: News Release - Monday, July 05, 2010
Diamonds North Increases Flow-Through Financing
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VANCOUVER, July 5, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN)
reports the private placement announced on June 15, 2010 has increased.
The Company intends to complete a non-brokered private placement to
raise up to $1,600,000 through the sale of flow-through shares. The
flow-through shares will comprise up to 8,000,000 shares at $0.20 per
share (the "Offering"). The placement is to finance the Company's
exploration programs.
Finder's fees of 7% of the flow-through shares sold may be payable in
cash or shares on a portion of the financing to finders who assist in
the placement, as permitted under applicable securities laws.
This private placement is subject to regulatory approval.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President & CEO
For additional information please contact:
Troy Shultz
Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
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Copyright (c) 2010 DIAMONDS NORTH RESOURCES LTD. (DDN) All rights
reserved. For more information visit our website at
http://www.diamondsnorth.com/ or send mailto:info@diamondsnorth.com
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Diamonds North Resources Ltd
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EXPLORATEUR |
CODE : DDN.V |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Diamonds North est une société d’exploration minière de diamants basée au Canada. Diamonds North détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont SIKU, BANKS ISLAND, UALLIQ et VICTORIA ISLAND au Canada. Diamonds North est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,9 millions CA$ (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. |