Caribbean Diversified Investments, Inc.
CNSX : HDC

November 11, 2013 16:30 ET

Caribbean Diversified Investments Announces Private Placement

TORONTO, ONTARIO--(Marketwired - Nov. 11, 2013) - Caribbean Diversified Investments, Inc. (CNSX:HDC) (the "Company" or "Caribbean Diversified Investments") today announced that it intends to raise gross proceeds of up to CDN $2,000,000 through a non-brokered private placement of working capital units ("WC Unit") of the Company at a price of 14 cents per WC Unit (the "Offering").

Each WC Unit purchased will consist of one (1) common share (a "Common Share") of the Corporation, priced at $0.14, and one (1) common share purchase warrant (a "WC Warrant"). Each WC Warrant entitles the holder thereof to purchase one (1) Common Share of the Corporation (a "WC Warrant Share") at a price of $0.19 per WC Warrant Share until the date which is two (2) years following the Closing Date. The closing date for each tranche will be as follows; on or before December 11, 2013 in respect of the first tranche of the Offering and on or before December 31, 2013 for the remainder of the Offering.

A finder's fee of up to 10% cash and 10% warrants may be paid on portions of the gross proceeds in compliance with applicable securities laws.

Proceeds from the Offering are intended to be used as working capital to support building and growth of the St. Helen University operation. The Shares to be issued in connection with this Offering will be subject to a four month hold period from the share issuance date in accordance with the policies of the Canadian National Stock Exchange (CNSX Markets Inc.) and applicable securities laws. The Offering is subject to all necessary regulatory and stock exchange approvals.

About Caribbean Diversified Investments, Inc.

Caribbean Diversified Investments core business currently is ownership of the St. Helen University ("SHU") in St. Lucia. The main goal is to invest in the expansion of the university, its student's and curriculum through the acquisition of real estate, residence accommodation and other infrastructure businesses to support the faculty and student population of St. Helen University. St. Helen was established in February 2012, offering MD (Doctor of Medicine) degrees, in accordance with the preferred credentials in North America, Europe, Africa, Asia and the Caribbean. As of September 2013 St. Helen had added Nursing and Pre-Med program offerings. Future plans include programs in other Health disciplines like Pharmacy as well as disciplines in Business and Technology. In September 2013, the curriculum program offering has been expanded to include Nursing and Pre-Med along with the anchor Doctor of Medicine degree program.

Established on the beautiful Caribbean island of Saint Lucia, SHU is located in the southern town of Vieux Fort, minutes from the island's Hewanorra International Airport.

SHU offers an innovative program in modern technologically equipped classrooms and facilities in a warm atmosphere with the best environment the Caribbean can offer, where each student will be surrounded by a diverse community of local and international peers and faculty.

SHU's student body will be truly international, with students being drawn from St. Lucia, the Caribbean, North America, Europe, Asia, Africa and Australia.

For more information please visit the Caribbean Diversified Investments' website at www.caribbeaninvestments.ca and the St. Helen University website at www.shu.com.lc.

Caribbean Diversified Investments, Inc. (CDI) is a Canadian based investment company whose core business is focused on the development its wholly-owned subsidiary, St. Helen University in St. Lucia. CDI's goal is to invest in the expansion of the university, its student's and curriculum through the acquisition of real estate, residence accommodation and other infrastructure businesses to support the faculty and student population in St. Lucia's "Education Corridor".

This press release may contain projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of CDI. These risks and uncertainties could cause actual results and CDI's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. CDI assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

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