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

Jul 12, 2006 : Diamonds North Completes $3,265,000 Equity Financing more...

Jul 11, 2006 : Diamonds North Financing Update more...

Jul 05, 2006 : Diamonds North and Majescor Developing Drill Targets on Banks Island more...

Jun 29, 2006 : Diamonds North Announces Equity Financing more...

Jun 27, 2006 : Diamonds North Positions Uranium North in Athabasca, Thelon and Hornby... more...

Jun 22, 2006 : Diamonds North Receives King Eider Diamond Results more...

Dec 14, 2005 : Diamonds North Completes $4,500,000 Equity Financing more...

Dec 07, 2005 : Diamonds North Increases Equity Financing To $ CDN 4,500,000 more...

Nov 23, 2005 : Diamonds North Announces Equity Financing more...

Nov 10, 2005 : Blue Ice 2005 Exploration Program Summary more...

Nov 09, 2005 : Majescor and Diamonds North Advance Potential Diamond District on Bank... more...

Sep 28, 2005 : Kimberlite Discoveries Begin on Amaruk more...

Sep 22, 2005 : Pathfinder and Diamonds North Increase Vast Land Position for Uranium ... more...

Jul 26, 2005 : Diamonds North Identifies New Uranium Opportunities on Diamond Claims more...

Jul 22, 2005 : Diamonds North Completes Private Placement more...

Jun 27, 2005 : Non-Brokered Private Placement more...

Jun 07, 2005 : Diamond Sizes Prompt Diamonds North to Increase Washburn Ownership to ... more...

Jun 01, 2005 : Uranium Potential Confirmed on Thelon Diamond Project more...

May 19, 2005 : Bill Zimmerman Joins Diamonds North Board more...

Apr 21, 2005 : King Eider Yields Three Quarter Carat Diamond more...

Apr 20, 2005 : Diamonds North and Stornoway Enter into Agreement to Explore Manitoba ... more...

Apr 14, 2005 : Diamonds North Capitalizes on Commodity Opportunities more...

Apr 12, 2005 : Prioritization of Drill Targets on Arnak more...

Apr 01, 2005 : Diamonds North Identifies Another Potential Diamond District on the Sl... more...

Mar 23, 2005 : Grant of Incentive Stock Options more...

Feb 28, 2005 : Blue Ice Property Update more...



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а Wed Dec 7, 2005
Diamonds North Increases Equity Financing To $ CDN 4,500,000

а VANCOUVER, December 7, 2005 -- Diamonds North Resources Ltd. (DDN-TSX Venture) announces that the brokered private placement with Loewen, Ondaatje, McCutcheon Limited (the "Agent") reported on November 23, 2005 has been increased from $CDN4,000,000 to up to $CDN4,500,000 (the "Offering").

The private placement will comprise Flow-Through Shares at a price of $0.97 per Flow-Through Share and non flow-through Units (the "Units") at $0.82 per Unit. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at a price of $0.95 per common share for a period of twelve months after the closing date of the Offering, currently expected to be December 13, 2005. No flow-through benefits will be attached to the Units or to any common shares issued upon the exercise of the common share purchase warrants.

The Agent will be paid a cash fee equal to 6% of the gross proceeds raised in the Offering. The Agent will also receive agent warrants (the "Agent Warrants") entitling them to purchase that number of common shares which is equal to 7% of the number of Flow-Through Shares and Units sold. The Agent Warrants will expire twelve months after the closing of the Offering. The exercise price for the Agent Warrants will be $0.95 per common share.

Diamonds North is a dynamic exploration team focused on strategically advancing diamond opportunities and is determined to discover Canada's next diamond mine.

ON BEHALF OF THE BOARD OF DIRECTORS


Janice Davies
Corporate Secretary


For further information, please contact: Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone:
Facsimile:
Website: www.diamondsnorth.com
Email:


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.
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