TORONTO, Feb. 23, 2012 /CNW/ - Delrand Resources Limited (the "Company") (TSX - DRN; JSE - DRN) reports that it has filed on SEDAR copies of the subscription agreements relating to the Company's 2009 private placement and the letter agreements relating to the Company's 2009 debt settlement transactions, which private placement and debt settlement transactions were previously announced by the Company via press releases and completed in November 2009. The agreements are being filed in accordance with a request of the Ontario Securities Commission.
Delrand Resources Limited is an African-focused mineral explorer with projects in the Democratic Republic of the Congo. Led by a management team with extensive experience in diamond exploration and mine development, the Company works in a systematic and responsible manner to discover, assess and develop resources for the benefit of its shareholders and local stakeholders.
For further information:
please visit our website, www.delrand.com, or contact:
In Toronto: Tom Sipos, (416) 366-2221 or 1-800-714-7938.
In Johannesburg and the DRC: Brian P. Scallan, Vice President, Finance, +27 82 902 6273 or +243 991772978.