news
2009

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 July 22, 2010
Diamonds North Closes Final Tranche Of Financing

 VANCOUVER, July 22, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) reports that the final portion of the non-brokered private placement announced on June 15, 2010 has closed for gross proceeds of $390,000. The Company has issued 1,950,000 flow-through common shares and paid finders' fees of $27,300.

All the securities issued hereunder are subject to a four month hold period and may not be traded until November 23, 2010.

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.
 
 

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