news
2009

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 December 24, 2009
Diamonds North Grants Incentive Options

 VANCOUVER, December 24th, 2009 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces the grant of 6,260,000 incentive stock options, under the Company's stock option plan, to certain directors, officers, consultants and employees of the Company, exercisable at a price of $0.30 per share for a period of five years from the date of grant..

In addition, an aggregate of 5,686,500 incentive stock options issued to certain directors, officers, consultants and employees of the Company have been surrendered to the Company for cancellation effective December 29th, 2009.

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: Sun Jan 17, 2010, Diamonds North Discovers another Gold Source on Amaruk

You can view the Previous News Releases 2009 item: Tue Dec 1, 2009, Diamonds North Recovers Larger Diamonds from Beluga-3

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