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Gold/Mining/Energy : Diamonds North Resources Ltd -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (201)	8/28/2003 7:11:09 PM
From: Rocket Red	Read Replies (1) \| Respond to of 334

Diamonds North Resources Ltd (C-DDN) - News Release Diamonds North shares acquired by CMP 2003 Resource Diamonds North Resources Ltd DDN Shares issued 13,047,885 Aug 27 2003 close $ 0.76 Thursday August 28 2003 News Release Mr. Jonathan Goodman of Dundee Wealth reports ACQUISITION OF SHARES OF DIAMONDS NORTH RESOURCES LTD. In accordance with regulatory requirements, Dundee Wealth Management has disclosed that CMP 2003 Resource LP, the general partner of which is a subsidiary of Dundee Wealth, has acquired 1.25 million flow-through common shares of Diamonds North Resources at 80 cents per share under a private placement. This represents an approximate 5.6-per-cent interest in Diamonds North. Subsidiaries, affiliates and associates of Dundee Wealth now hold or exercise control or direction over a total of 2,115,000 common shares and 652,173 warrants of Diamonds North, representing an approximate 9.6-per-cent interest in Diamonds North on an undiluted basis. Assuming the conversion of all warrants held by subsidiaries, affiliates and associates of Dundee Wealth, subsidiaries, affiliates and associates of Dundee Wealth would hold or exercise control or direction over an approximate 12.1-per-cent interest in Diamonds North. The above securities held by subsidiaries, affiliates or associates of Dundee Wealth or over which subsidiaries, affiliates or associates of Dundee Wealth exercise control or direction are held for investment purposes. These investments will be reviewed on a continuing basis and such holdings may be increased or decreased in the future. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com old url (better for printing)