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Diamond Fields director Mr. Jack McOuat resigns

13 Jun '06

1 min read

Diamond Fields International Ltd announces that Mr. Jack McOuat has resigned as a director of the Company. Mr. McOuat has been a director of the Company since 2004. The board of directors would like to thank Mr. McOuat for his excellent contribution to the Company over the last 2 years and wishes him well in the future.

Diamond Fields International Ltd. and Moydow Mines International Inc announced in press releases dated March 1, 2006 that they had reached an agreement effective February 28th, 2006 pursuant to which Moydow security holders will exchange their Moydow securities for securities of Diamond Fields. The Acquisition remains subject to various conditions as previously announced. Moydow, like Diamond Fields, is engaged in mineral exploration and development worldwide.

Diamond Fields International Ltd is an internationally active exploration and mining company pursuing mineral exploration opportunities worldwide. The company also manufacturers diamonds. Its corporate strategy is to maximize cash flow from its Namibian marine diamond concessions and systematically explore and develop its international mineral exploration projects.

Diamond Fields International Ltd

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