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
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.
SOURCE Delrand Resources Limited
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.