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Aug 17, 2010: Diamonds North Increases Extent Of HI-2 Iron Formation Over 800% more...
Aug 12, 2010: Diamonds North Beluga-3 Bulk Sample Progress more...
Jul 22, 2010: Diamonds North Closes Final Tranche Of Financing more...
Jul 22, 2010: Diamonds North Extends HI-1 Along Strike And Identifies Abundance Of Gossan Zones At HI-2 more...
Jul 16, 2010: Diamonds North Begins Halkett Inlet Gold Program more...
Jul 14, 2010: Diamonds North Closes Tranche 2 Of Financing more...
Jul 13, 2010: Diamonds North Begins Work At Amaruk more...
Jul 08, 2010: Diamonds North Closes Tranche 1 of Financing more...
Jul 05, 2010: Diamonds North Increases Flow-Through Financing more...
Jun 15, 2010: Diamonds North Announces Flow-Through Financing more...
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| | 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
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy
of this release. |
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| | You can view the Next News Releases 2009 item: Thu Jul 8, 2010, Diamonds North Closes Tranche 1 of Financing
You can view the Previous News Releases 2009 item: Tue Jun 15, 2010, Diamonds North Announces Flow-Through Financing
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