Dia Bras Exploration Inc.

Dia Bras Exploration Inc.

June 29, 2009 15:57 ET

Dia Bras Announces Postponement of Rights Offering

MONTREAL, QUEBEC--(Marketwire - June 29, 2009) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) announced today that the Board of directors has decided to defer to an undetermined date the rights offering announced earlier. This decision was made taking into account the Company's previously mentioned restructuring plan.

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 Corporation 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".

Forward-looking statements

Except for statements of historical fact, all statements in this news release, without limitation regarding new project acquisitions future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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
    Daniel Tellechea
    President & CEO
    Dia Bras Exploration
    Nathalie Dion
    Investor Relations
    514-393-8875 ext. 241