Braz Diamond Mining Inc.

Braz Diamond Mining Inc.

June 28, 2005 09:01 ET

Braz Diamond Mining, Inc. Consolidation of Stock

CALGARY, ALBERTA--(CCNMatthews - June 28, 2005) - Braz Diamond Mining, Inc., (PINK SHEETS:BZDM) ("Braz") announced today that the issued stock has been consolidated at a ratio of 1 for 20. The Consolidation will be effective as of June 28, 2005.

"The Consolidation will allow the Company to be more competitive in the Investment market and will allow the Company access to financial arrangements not available to it under the previous structure," said Christopher A. Hemstock, CEO and President of Braz Diamond Mining, Inc.

Braz Diamond Mining, a junior diamond exploration and mining company, together with its subsidiary, Braz Mining do Brazil, Ltds. Holds ownership interest in various mineral properties in the country of the Brazil, including a favorable diamond exploration project in the state of Piaui. Exploration and development work to date has confirmed the existence of high-grade alluvial diamond deposits and the existence of several kimberlites. The Company plans to implement a detailed geotechnical program to identify the sources and productivity of the alluvial deposits.

Forward-looking statements

Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company cannot guarantee its future results, levels of activity, performance or achievements.

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