/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES, TO
"U.S. PERSONS" OR TO UNITED STATES OF AMERICA NEWS SERVICES./
TSX.V Symbol (DMI)
KELOWNA, BC, Sept. 25 /CNW/ - Diamcor Mining Inc. (TSX-V:DMI) (the
"Company") announces that at its Annual General Meeting of Shareholders held
on September 15, 2008 the following persons were elected to the board: Dean
Taylor, Darren Vucurevich, Sheldon Nelson and Dr. Stephen Haggerty. In
addition, the shareholders re-approved the Company's stock option plan and the
issuance by the Company of an aggregate 568,940 compensation shares at a
deemed issue price of $0.50 per share to certain of the Company's key
directors and employees, as previously described in greater detail in the
Company's news release of May 21, 2008. The issuance by the Company of the
compensation shares is subject to final TSX Venture Exchange approval.
Diamcor Mining is a junior resource company with established operations
and production history in South Africa. The Company is determined to use this
established operating history and industry knowledge to increase its current
production of diamonds through the development and or, acquisition of
additional quality properties in the region.
On behalf of the Board of Directors
Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.
Phone: (250) 864-3326
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 forward-looking statements. This news release is not for
dissemination in the United States, to "U.S. Persons" or to United States of
America news services.
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The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or, the accuracy of this release.
For further information:
For further information: Mr. Dean H. Taylor, CEO, Diamcor Mining Inc.,
DTaylor@Diamcormining.com, Phone: (250) 862-3212, Website: