Dianor Resources Inc.

Dianor Resources Inc.

December 18, 2006 08:00 ET

Dianor Resources Announces Normal Course Issuer Bid

VAL D'OR, QUEBEC--(CCNMatthews - Dec. 18, 2006) - This news release is not for distribution to United States newswire services or for dissemination in the United States.

Dianor Resources Inc. (TSX VENTURE:DOR) announces that it intends to institute a normal course issuer bid. Under the normal course issuer bid, Dianor may repurchase for cancellation a maximum of 5,300,000 common shares over a twelve-month period, 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 will be 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's normal course issuer bid is subject to regulatory approval, including that of the TSX Venture Exchange.

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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to United States Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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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