Dianor Resources Inc.
TSX VENTURE : DOR
OTCQX : RSDNF

Dianor Resources Inc.

November 23, 2010 09:20 ET

Dianor Resources Joins OTCQX

VAL-D'OR, CANADA--(Marketwire - Nov. 23, 2010) -  Dianor Resources Inc. (TSX VENTURE:DOR)(OTCQX:RSDNF) is pleased to announce that the company is now trading on the OTCQX the leading electronic quotation and trading system in the U.S. the OTC market's highest tier, OTCQX®  under the name Resources Dianor Inc., symbol RSDNF.

Dianor began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

"World diamond production peaked in 2007 at 160 million carats and it is projected that by 2015 there will be a significant diamond shortfall to meet world demand. Dianor Resources Inc. now trading on the OTCQX will be able to provide our U.S investors access to investing in a diamond exploration company located in a stable political environment" said Dianor's President and C.E.O, John Ryder "OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Resources Dianor to OTCQX."

Berenbaum Weinshienk PC will serve as Resources Dianor's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Dianor Resources 

Dianor Inc. (TSX VENTURE:DOR)(OTCQX:RSDNF) trades in the United States on OTCQX under the symbol "RSDNF". Dianor is a mineral exploration company with a diversified portfolio of diamond properties in Quebec and Ontario. Currently exploration for the discovery of diamonds is the company's main focus. The Company's flagship diamond property is situated and easily accessible, some 12 kilometres north east of Wawa in Northern Ontario, Canada. A preliminary tonnage estimate for the diamond bearing rock is in the range of 549 million to 583 million tonnes and in addition to diamonds contains gold, sapphires and rubies (43-101 Report, 29th September 2009). The Company has received government approval to proceed with a 50,000 tonne bulk sampling programme which is planned to commence in 2011.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.  Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at info@pinkotc.com.

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Also please visit our website www.dianor.com 

Forward-Looking Statements

This news release contains statements that may 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 Dianor Resources Inc. ("Dianor"). 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 Dianor will derive therefrom. Forward-looking information is based on the estimates and opinions of Dianor's management at the time the information is released and Dianor 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 the 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

  • Dianor Resources Inc.
    Mr. John Ryder, P. Geo.
    President
    819-825-7090
    819-825-7545 (FAX)
    info@dianor.com
    or
    Dianor Resources Inc.
    Mr. Daniel Duval
    Chairman of the Board
    819-825-7090
    819-825-7545 (FAX)
    info@dianor.com
    or
    Resultz Media Group Corp.
    Mr. Tyler M. Troup, B.Comm
    Senior Associate, RMG IR
    877-301-9748
    519-979-7820 (FAX)
    Tyler@thinkRMG.com