Mr. Lee Barker resigns from China Diamond Corp

12 May '06

2 min read

The board of directors of China Diamond Corp. announces the resignation of Mr. Lee Barker as a director of the Company with immediate effect.

Due to Mr. Barker's increased work load as the President and Chief Executive Officer of Sparton Resources Inc., Mr. Barker felt he is unable to dedicate sufficient time and effort to properly serve the Company as a director. Mr. Barker will remain with Company as project development and operations technical advisor.

In addition, Mr. Ben Au, Chief Financial Officer and Corporate Secretary of the Company, has also tendered his resignation. Mr. Au will continue in his current role until May 31, 2006 and will remain with the Company as a consultant. The Company will conduct a thorough search for a new Chief Financial Officer.

Further to the Company's press announcement on April 10, 2006 and pursuant to the Exchange Bulletin dated February 15, 2006, the Company's securities remain halted pending clarification of the Company's affairs. Currently, the Company is cooperating fully with the Exchange to complete the review. However, the Company is unable to determine an exact time line as to when the review may be complete or when trading in the shares of the Company may resume.

Headquartered in London, Ontario, China Diamond Corp. is a junior resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects in China.

China Diamond Corp

More China Diamond Corp News... More Fashion News - China...