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Diamonds North Completes Flow-Through Financing
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VANCOUVER, November 30, 2007 -- Diamonds North Resources Ltd. (TSX-V:
DDN) reports the closing of the non-brokered flow-through private
placement announced on November 23, 2007 which was over subscribed. A
total of 1,285,000 flow-through shares at a purchase price of $1.00 per
share have been issued.
All the securities issued hereunder are subject to a four month hold
period and may not be traded until April 1, 2008.
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) 2007 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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VanEck Vectors Global Alternative Energy ETF
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EXPLORATION STAGE |
CODE : DDN.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Diamonds North is a diamonds exploration company based in Canada. Diamonds North holds various exploration projects in Canada. Its main exploration properties are SIKU, BANKS ISLAND, UALLIQ and VICTORIA ISLAND in Canada. Diamonds North is listed in Canada and in United States of America. Its market capitalisation is 948 844 as of today (US$ 923 130, € 691 055). Its stock quote reached its highest recent level on January 11, 2008 at 2.07, and its lowest recent point on February 15, 2013 at 0.02. Diamonds North has 47 442 200 shares outstanding. |