Dia Bras Exploration Inc.

Dia Bras Exploration Inc.

November 20, 2009 09:30 ET

Dia Bras Announces Appointment of Officers and Grant of Options

MONTREAL, QUEBEC--(Marketwire - Nov. 20, 2009) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) (Dia Bras or the Company) announces the appointment of Karl Boltz as Vice-President, Corporate Development and Mark Shonnard as Chief Financial Officer of the Corporation.

Mr. Karl Boltz was the co-founding President and CEO of EXMIN Resources Inc. from 2004 until its acquisition by Dia Bras in September, 2009.

Mr. Mark Shonnard is a CPA and has more than 25 years of experience in the mining and natural resources industry. Before joining Dia Bras, he was CFO and Corporate Secretary of Virgin Metals Inc., a Canadian junior mining company and prior thereto consulted for Hecla Mining Company in Venezuela.

The Board granted a total of 1,100,000 options to purchase common shares in the Company as follows: 400,000 to a director who is also an officer; 400,000 to two officers and 300,000 to a consultant. The options may be exercised over a five year period at prices ranging from $0.205 to $0.33.

About Dia Bras

Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua, in northern Mexico. The Company is committed to developing and adding value to its assets, the Bolivar copper-zinc project and the Cusi silver mining camp. The Corporation trades on the TSX Venture Exchange under the symbol "DIB".

For further information on Dia Bras Exploration Inc., please visit www.diabras.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Dia Bras Exploration Inc.
    Daniel Tellechea
    President & CEO
    Dia Bras Exploration Inc.
    Karl Boltz
    Vice-President, Corporate Development