Dianor Resources Inc.
TSX VENTURE : DOR

Dianor Resources Inc.

January 09, 2007 17:22 ET

Dianor Resources Announces Normal Course Issuer Bid

VAL D'OR, QUEBEC--(CCNMatthews - Jan. 9, 2006) - Dianor Resources Inc. (TSX VENTURE:DOR) announces that the TSX Venture Exchange has conditionally approved its normal course issuer bid. Under the normal course issuer bid, Dianor will be entitled to repurchase for cancellation a maximum of 5,300,000 common shares over the twelve-month period starting January 16, 2007 and ending January 15, 2008, representing approximately 5% of the "public float" of Dianor's shares. Dianor has 130,410,987 shares issued and outstanding. The normal course issuer bid has been instituted in that Dianor considers that the repurchase of common shares at certain market prices will be beneficial to Dianor. The purchases will be made through Westwind Partners Inc.

Dianor is an innovative exploration company focused on diamond exploration. The Company has entered into option/joint ventures in Quebec and Ontario with numerous exploration companies to explore for and discover diamond deposits.

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

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