Dia Bras Exploration Inc.

Dia Bras Exploration Inc.

February 01, 2007 12:39 ET

Dia Bras Renews Investor Relations Agreement

MONTREAL, QUEBEC--(CCNMatthews - Feb. 1, 2007) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) is pleased to announce the renewal of its agreement with Sun International Communications to provide advisory services in financial communications and investor relations.

Subject to the approval of the TSX Venture Exchange, Dia Bras has granted 40,000 options to Nicole Blanchard, Managing Partner of Sun International Communications, and a monthly retainer fee of $6,000. Each option entitles the holder to acquire one (1) common share of the Company upon payment of the exercise price of $0.98 per common share. Each option, upon vesting but subject to prior termination of the agreement, is exercisable for a period of five (5) years.

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 Company 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 projects, acquisitions, future plans and objectives are forward-looking statements which 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Dia Bras Exploration
    Thomas L. Robyn
    Executive Chairman
    514-393-8875 ext. 241
    Dia Bras Exploration
    Rejean Gosselin
    514-393-8875 ext. 241
    Sun International Communications
    Nicole Blanchard
    Managing Partner