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Jan 08, 2007 : Amaruk Project Update Diamond Results Pending for Five Kimberlites - P... more...

Dec 04, 2006 : Uranium North Set To Close Financing And Commence To Trade more...

Nov 16, 2006 : Diamonds North Announces Closing of $7 Million Private Placement more...

Oct 26, 2006 : $6 Million "Bought Deal" Financing more...

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Oct 05, 2006 : 19 New Kimberlite Float Occurrences on Amaruk Further Demonstrates the... more...

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Aug 23, 2006 : Target Testing Underway at Amaruk -- New Kimberlite Discovered more...

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Jul 17, 2006 : Pathfinder Starts Major Airborne Geophysical Survey at Thelon Basin Ur... more...

Jul 14, 2006 : Diamonds North Grants Options more...

Jul 13, 2006 : Diamonds North To Drill The Amaruk Project more...



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а Fri Mar 21, 2003
Private Placement Fully Subscribed Partial Closing - Final

а # 10-03

VANCOUVER, March 21, 2003 - Diamonds North Resources Ltd. (DDN-TSX Venture) ) announces that the private placement of 1,400,000 units announced February 18 and 19, 2003 has been fully subscribed. A final closing of 445,000 units at $0.80 per unit occurred on March 20, 2003. Each unit consists of one common share and one non-transferable common share purchase warrant entitling the holder to purchase one common share at a price of $0.80 per common share until March 19, 2005. Should the closing price of the Issuer's shares on the TSX Venture Exchange be $1.60 or greater for a period of ten consecutive trading days during the term of the Warrants, then the holder will have thirty days thereafter to exercise the Warrants and any Warrants which remain unexercised at the end of the foregoing thirty day period will expire unexercised.

On the final closing of 445,000 units, a finder's fee of 5% was paid in shares as follows: 22,250 shares were issued to Haywood Securities Inc. as a fee on 445,000 units.

The securities are subject to a hold period and may not be traded until July 20, 2003.

Diamonds North Resources Ltd. is a resource company focused on diamond exploration in Canada. The Company currently holds nine projects covering over 1.5 million acres of land in Nunavut, Northwest Territories. Seven projects are located on Victoria Island; one project is adjacent to the De Beers/Mountain Province Kennady Lake advanced stage discovery; and one project is near the Drybones kimberlite in the Northwest Territories.

On behalf of Diamonds North Resources Ltd.

Mark Kolebaba
President

For more information, please contact:
Mark Kolebaba, President
Nancy Curry, Manager Corporate Communications
Diamonds North Resources Ltd.
1550-409 Granville Street
Vancouver, B.C. V6C 1T2
Tel. Fax


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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