Feb 19, 2013
: Amalgamation of Uranium North and Diamonds North Complete; Adamera Minerals Corp to Begin Trading more...
Feb 08, 2013
: Diamonds North and Uranium North Shareholders Approve Amalgamation more...
Dec 05, 2012
: Uranium North and Diamonds North Agree to a Strategic Business Amalgamation more...
Nov 29, 2012
: Diamonds North and Uranium North Report Trenching Yields 20 g/t Gold over 1.5 metres on Washington Gold Project more...
Oct 23, 2012
: Diamonds North and Uranium North Report Acquisition of Talisman Copper-Silver Mine more...
Oct 18, 2012
: Diamonds North and Uranium North Report High Gold and Silver Values at Empire Creek Property more...
Oct 11, 2012
: Diamonds North and Uranium North Announce Trenching Commences on the Poland China Gold Project more...
Oct 04, 2012
: Gold Target Areas Identified on the Poland China Project more...
Sep 18, 2012
: Diamonds North And Uranium North To Evaluate Gold Potential Of The Alder Mine In Washington State more...
Aug 14, 2012
: Diamonds North And Uranium North Complete Work On The Golden Reward Project more...
Jul 26, 2012
: Diamonds North and Uranium North Commence Exploration Program on Empire Creek more...
Jul 18, 2012
: Diamonds North and Uranium North Acquire Gold Property in Washington State, Exploration is Underway more...
Jun 13, 2012
: Diamonds North Continues to Build a Postion in Washington State with Additional Gold Asset more...
Jun 07, 2012
: Diamonds North Begins Exploration Program on the Poland China Gold Project in Washington State more...
Jun 01, 2012
: Diamonds North and Uranium North to Present Washington Gold Projects at the World Resource Investment Conference more...
May 31, 2012
: Diamonds North and Uranium North Acquire Gold Projects in Washington State more...
Mar 02, 2012
: Diamonds North Copper-Silver IOCG Video Presentation & Exhibiting at PDAC Booth 2322 more...
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| ||December 07, 2005|
Diamonds North Increases Equity Financing To $ CDN 4,500,000
| ||VANCOUVER, December 7, 2005 -- Diamonds North Resources Ltd. (DDN-TSX Venture) announces that the brokered private placement with Loewen, Ondaatje, McCutcheon Limited (the "Agent") reported on November 23, 2005 has been increased from $CDN4,000,000 to up to $CDN4,500,000 (the "Offering").|
The private placement will comprise Flow-Through Shares at a price of $0.97 per Flow-Through Share and non flow-through Units (the "Units") at $0.82 per Unit. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at a price of $0.95 per common share for a period of twelve months after the closing date of the Offering, currently expected to be December 13, 2005. No flow-through benefits will be attached to the Units or to any common shares issued upon the exercise of the common share purchase warrants.
The Agent will be paid a cash fee equal to 6% of the gross proceeds raised in the Offering. The Agent will also receive agent warrants (the "Agent Warrants") entitling them to purchase that number of common shares which is equal to 7% of the number of Flow-Through Shares and Units sold. The Agent Warrants will expire twelve months after the closing of the Offering. The exercise price for the Agent Warrants will be $0.95 per common share.
Diamonds North is a dynamic exploration team focused on strategically advancing diamond opportunities and is determined to discover Canada's next diamond mine.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, please contact: Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
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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