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Feb 15, 2007 : New Diamond Discoveries on Amaruk more...
Jan 10, 2007 : Diamonds North and Majescor Identify High Priority Drill Targets on Ba... more...
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...
Oct 12, 2006 : Diamonds North and Arctic Star to Explore in Canada's Newest Kimberlit... more...
Oct 05, 2006 : 19 New Kimberlite Float Occurrences on Amaruk Further Demonstrates the... more...
Sep 27, 2006 : Drill Targets Identified on the Ualliq property more...
Sep 20, 2006 : Diamonds North Increases Kimberlite Tally to Five Demonstrating Amaruk... more...
Aug 23, 2006 : Target Testing Underway at Amaruk -- New Kimberlite Discovered more...
Aug 15, 2006 : Shear Minerals and Diamonds North to Explore the Sakari property more...
Aug 02, 2006 : Diamonds North and International Samuel to Explore the Ualliq property more...
Aug 01, 2006 : Diamonds North Closes Plan of Arrangement for Shareholders to Receive ... more...
Jul 19, 2006 : Diamonds North sets Effective Date for Shareholders to Receive Uranium... more...
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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2006 | 2005 | 2004 | 2003 | 2002
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Tue Feb 18, 2003
Financing
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#04-03
VANCOUVER, February 18, 2003 - Diamonds North Resources Ltd. (DDN-TSX Venture) has arranged a non-brokered private placement of up to 1,000,000 units at a price of $0.80 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will entitle the holder to acquire one additional common share exercisable for a period of two years following the closing of the private placement at a price of $0.80 per common share. The units will have a forced warrant conversion if shares trade at $1.60 or higher for 10 consecutive days.
A finder's fee of 5% of the gross proceeds may be payable in cash or shares on a portion of this placement. The net proceeds from the financing will be used for general working capital and expenses on Canadian diamond exploration projects.
This financing is subject to acceptance by the TSX Venture Exchange.
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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You can view the Next News Releases 2003 item: Wed Feb 19, 2003, Financing-correction
You can view the Previous News Releases 2003 item: Wed Feb 5, 2003, Diamonds North and Majescor Form Second Alliance
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