Diamondex Resources Ltd.

Diamondex Resources Ltd.

February 24, 2005 12:57 ET

Diamondex Resources Ltd.: Extended Term of Warrants


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DIAMONDEX RESOURCES LTD.

TSX VENTURE SYMBOL: DSP

FEBRUARY 24, 2005 - 12:57 ET

Diamondex Resources Ltd.: Extended Term of Warrants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 22, 2005) - Diamondex
Resources Ltd. (TSX VENTURE:DSP)

Not for distribution to United States News Wire Services or for
dissemination in the United States.

DIAMONDEX RESOURCES LTD. ("Diamondex") is pleased to announce that it
has received TSX Venture Exchange approval to amend the expiry date of
3,812,234 outstanding warrants (the "Warrants") from March 8, 2005, to
September 8, 2005. The Warrants will remain exercisable into common
shares at a price of $0.85 per common share.

DIAMONDEX RESOURCES LTD.

Randy Turner, Director

This document contains certain forward looking statements which involve
known and unknown risks, delays and uncertainties not under the
Company's control which may cause actual results, performance or
achievements of the Company to be materially different from the results,
performance or expectations implied by these forward looking statements.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Diamondex Resources Ltd.
    Randy Turner
    Director
    (604) 687-6644
    diamonds@diamondex.net
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.