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Gold/Mining/Energy : Diamonds North Resources Ltd

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To: Rocket Red who wrote (262)12/16/2003 7:34:42 AM
From: kidl  Read Replies (1) of 334
 
The last sentence of the NR is music to my ears

Diamonds North receives $1.3-million from warrants

Diamonds North Resources Ltd DDN
Shares issued 21,954,219 Dec 12 close $0.94
Mon 15 Dec 2003 News Release
Mr. Mark Kolebaba reports
OVER $1 MILLION ADDED TO TREASURY
Of the total 1,186,847 warrants granted pursuant to the private placement of Dec. 11, 2002, a total of 1,082,563 warrants were exercised at 80 cents generating proceeds of $866,050.40. Further, 237,371 agent warrants issued pursuant to the above private placement last December have also been exercised at 70 cents for proceeds of $166,159.70. The company has over $4.5-million in its treasury which is more than sufficient for current 2004 exploration plans.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com
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