CAPE TOWN, South Africa, Sept. 25 /CNW/ - Diamond Fields International
Ltd. (DFI:TSX) ("DFI" or the "Company") is very pleased to announce that
Edward Flood has agreed to join the board of directors of the Company.
After 11 years as President and Deputy Chairman of Ivanhoe Mines Ltd
(until February, 2007), Ed Flood became Managing Director, Investment Banking,
for Haywood Securities (UK) Ltd., a subsidiary of one of Canada's leading
independent investment dealers. He is also the Chairman of Western Uranium
Corporation and Director to several mineral exploration and development
companies. Prior to joining Ivanhoe, from 1993 to 1995, Mr. Flood was a
principal at Robertson Stephens & Co., a U.S. investment bank and a member of
Robertson Stephens' investment team. From 1983 to 1993, he served as Manager,
Project Evaluation for NERCO Minerals Company. He also held the position of
senior mining analyst with Haywood Securities Inc. from 1999 to 2001. Mr.
Flood holds a Masters of Science (Geology) degree from the University of
Montana and a BSc (Geology) degree from the University of Nevada.
Roger Daniel, DFI's President and CEO Commented: "We are delighted that
Ed has agreed to join the Company's board of directors. He has been an analyst
on the buy side, the sell side, has run mining projects and companies, and
evaluated mining opportunities throughout the world, maintaining a vast
network of professionals in the business. His exceptional technical, corporate
and financial knowledge and experience will undoubtedly be of great benefit to
Diamond Fields as the Company enters into a very aggressive phase in the
development of its diamond, gold and base metals assets."
DATED September 25, 2007.
DIAMOND FIELDS INTERNATIONAL LTD.
"Roger J. Daniel"
Roger J. Daniel, President and CEO
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific factors
identified in Diamond Fields' periodic filings with Canadian Securities
Regulators. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary materially.
Diamond Fields does not assume the obligation to update any forward-looking
For further information:
For further information: Roger Daniel, at +27 21 425 1990; Website: