Diamond Frank Exploration Inc.
TSX VENTURE : DOD

Diamond Frank Exploration Inc.

September 22, 2010 16:39 ET

Diamond Frank Exploration Inc. Announces an Update on $3 Million Private Placement

LAVAL, QUEBEC--(Marketwire - Sept. 22, 2010) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Diamond Frank Exploration Inc. (TSX VENTURE:DOD) would like to correct its Press Release of September 21, 2010 where the third paragraph should have read:

Upon the closing of the offering, the Agent shall receive a commission paid in cash equal to 10% of the proceeds raised from the private placement. In addition, the Agent shall receive broker units exercisable for a period of eighteen (18) months from the date of closing to acquire such number of units at a price of $0.25 as is equal to 10% of the aggregate number of Units issued pursuant to the private placement.

The common shares of Diamond Frank Exploration are listed on the TSX Venture Exchange under the symbol "DOD".

Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank's management at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither 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

  • David Mc Donald
    President and CEO
    450-622-4066
    Toll free: 1-877-622-4004
    450-622-4337 (FAX)
    info@diamondfrank.com