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To: Rose Rose who wrote (12387)	4/30/1998 9:42:00 AM
From: cool	Respond to of 34592

TONE is taking off on news with QWEST

To: Rose Rose who wrote (12387)	4/30/1998 10:28:00 AM
From: P.E. Allen	Read Replies (1) \| Respond to of 34592

While you wait for the profit taking in IDSI and GNII to subside, you might want to consider this battered down stock of the last few days. ALDM Wednesday April 15, 11:27 am Eastern Time Company Press Release Alpha Diamond Corporation Announcement TORONTO--(BUSINESS WIRE)--April 15, 1998--ALPHA DIAMOND CORPORATION (OTC BB:ALDM - news), a Nevada Company, announced today that, pursuant to its recent acquisition of an equity interest with Angola Diamond Company, it intends to register and pay a stock dividend to its shareholders of record as at May 1st, 1998. When asked to comment, Mr. Richard Brodzik, President indicated, ''We are appreciative of the support given by the shareholders of Alpha Diamond and feel this dividend shall demonstrate the Company's policy to reward such support''. This press release includes statements which may constitute forward looking statements made pursuant the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Factors which would cause or contribute to such differences include, but are not limited to factors detailed in the Company's Securities and Exchange Commission filings. For further information contact investor relations @ 1-888-207-9476 Visit our Web Site soon @www.africandiamonds.com Monday April 13, 2:56 pm Eastern Time Company Press Release Alpha Diamond Announces Completion of Merger TORONTO--(BUSINESS WIRE)--April 13, 1998--Alpha Diamond Corporation (OTC BB:ALDM - news), a Nevada Company, announced today that it has completed its merger with ''Angola Diamond Corporation.'' Alpha Diamond has acquired a control block equity interest in ''Angola Diamond Corporation'' which represents approx. 30% of the total issued and outstanding common stock of Angola Diamond Corporation. The Corporation currently operates several Diamond Mining Concessions in Angola and South Africa. A Comprehensive Geology report has been completed for the properties by DeBeers Geology Department. When asked to comment, Mr. Richard Brodzik, President indicated, ''We are extremely excited with this acquisition and the Strategic alliance it brings to the Company. We are hoping that this acquisition shall act as a ''catalyst'' to closing several other concession acquisitions which Alpha Diamond currently has under negotiation.'' This press release includes statements which may constitute forward looking statement made pursuant the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Factors which would cause or contribute to such differences include, but are not limited to factors detailed in the Company's Securities and Exchange Commission filings. Visit our Web Site soon at www.africandiamonds.com Friday March 27, 9:08 am Eastern Time Company Press Release ALPHA DIAMOND CORPORATION Announces Letter of Intent TORONTO, Ontario--(BUSINESS WIRE)--March 27, 1998--ALPHA DIAMOND CORPORATION (OTC BB:ALDM - news), a Nevada Company, announced today that it has signed a letter of intent with ''Angola Diamond Corporation'' to acquire a control block equity interest in several Diamond Mining Concessions in Angola and South Africa. A Comprehensive Geology report has been completed for the properties by DeBeers Geology Department, with a review by Coopers & Lybrand of Johannesburg, S.A. When asked to comment, Mr. Richard Brodzik, President indicated, ''We are extremely excited with this acquisition and the Strategic Alliance it brings to the Company. We are taking an aggressive approach to expanding our mineral concessions in Africa; this agreement, once consummated, would put us on course for that mandate.'' This press release includes statements which may constitute forward looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the forward looking statements. Factors which would cause or contribute to such differences include, but are not limited to factors detailed in the Company's Securities and Exchange Commission filings. For further information contact investor relations at 1-888-207-9476 Visit our Web Site soon at www.africandiamonds.com