TSX.V Symbol (DMI)
KELOWNA, BC, May 3 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI) (the "Company"), is pleased to announce that its Company information
will now be available via Standard & Poor's Market Access Program, an
information service that enables subscribing publicly traded companies
to have their company information disseminated to users of Standard &
Poor's MarketScope Advisor. The company information to be made
available through this program includes share price, volume, dividends,
shares outstanding, company financial position, and earnings. Standard
& Poor's MarketScope Advisor is an Internet-based research engine used
by more than 100,000 investment advisors. A public version of the site
is also available at www.marketscope.com.
In addition, information about companies in Standard & Poor's Market
Access Program will be available via S&P's Stock Guide database, which
is distributed electronically to virtually all major vendors. As part
of the program, a full description of Diamcor Mining Inc. will also be
published in the Daily News section of Standard Corporation Records, a
recognized securities manual for secondary trading in up to 38 states
under their Blue Sky Laws.
About Diamcor Mining Inc:
Diamcor Mining Inc. is a fully reporting publically traded junior
diamond mining company which is listed on the TSX Venture Exchange
under the symbol V.DMI. The Company has a well established operational
and production history in South Africa, and extensive experience
supplying rough diamonds to the world market. Rather than exposing
itself to the high-risks and costs associated with exploration, the
Company's focus is on the identification, acquisition, and operation of
quality near-term production based diamond projects such as the
Krone-Endora at Venetia Project. For additional information on
Diamcor, please visit our website at www.diamcormining.com.
Strategic Tiffany & Co. Alliance:
As announced on March 29, 2011, the Company has also established a
long-term strategic alliance and first right of refusal with world
famous New York based Tiffany & Co. to purchase up to 100% of the
future production of rough diamonds from the Krone-Endora at Venetia
Project. To expedite the production and supply of rough diamonds from
Krone-Endora at Venetia, Tiffany & Co. has also provided the Company
with additional financing for the Project. Tiffany & Co. is a
publically traded company which is listed on the New York Stock
Exchange under the symbol TIF. Originally founded in 1837, the
Tiffany's name is now globally recognised as one of the premier luxury
jewellery and specialty retailers in the world. Through Tiffany & Co.
and various other subsidiaries, the company is engaged in product
design, manufacturing, and retailing activities on a global basis. As
of October 31, 2010 Tiffany & Co. operates 225 retail stores and
boutiques in the Americas, Japan, Asia-Pacific, and Europe and engages
in direct selling through internet, catalog and business gift
operations. For additional information on Tiffany & Co., please visit
their website at www.tiffany.com.
On behalf of the Board of Directors
Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.
Phone: (250) 864-3326
Company information distributed through the Market Access Program is
based upon information that Standard & Poor's considers to be reliable,
but neither Standard & Poor's nor its affiliates warrant its
completeness or accuracy, and it should not be relied upon as such.
This material is not intended as an offer or solicitation for the
purchase or sale of any security or other financial instrument.
This press release contains certain forward-looking statements. While
these forward-looking statements represent our best current judgement,
they are subject to a variety of risks and uncertainties that are
beyond the Company's ability to control or predict and which could
cause actual events or results to differ materially from those
anticipated in such forward-looking statements. Further, the Company
expressly disclaims any obligation to update any forward looking
statements. Accordingly, readers should not place undue reliance on
WE SEEK SAFE HARBOUR
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Diamcor Mining Inc.
For further information:
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Phone: (212) 438-3647
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Phone: (212) 438-6679