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2009

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 August 04, 2009
Diamonds North Closes Non-Brokered Flow-Through Private Placement

 VANCOUVER, August 4th, 2009 - Diamonds North Resources Ltd. (TSX-V: DDN) (the "Company") announces it has closed the non-brokered flow-through private placement financing announced July 17, 2009. A total of $462,080 was raised through the issuance of 2,888,000 flow-through common shares. Finders fees were paid consisting of $3,800 in cash.

All securities issued are subject to a hold period which expires on December 5, 2009.

The funds raised will be used for the Company's exploration programs.

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:
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.
 
 

You can view the Next News Releases 2009 item: Thu Oct 1, 2009, Diamonds North To Begin Processing Beluga-3 Bulk Sample

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