Vaaldiam Resources Ltd.
TSX : VAA

Vaaldiam Resources Ltd.

December 14, 2007 19:00 ET

Vaaldiam Resources Ltd.: Clarification of Expiry Time of Take-Over Bid for Great Western Diamonds

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Vaaldiam Resources Ltd. (TSX:VAA) ("Vaaldiam") and Great Western Diamonds Corp. (TSX VENTURE:GWD) ("Great Western") announced today that the expiry time for the take-over bid by Vaaldiam for all of the Great Western common shares is 8:00 p.m. (Toronto time) on December 17, 2007. Great Western shareholders have until that time to tender their shares in accordance with the provisions set forth in the take-over bid circular previously mailed to Great Western shareholders and filed on SEDAR (unless the bid is otherwise extended). The take-over bid circular had incorrectly referenced 5:00 p.m. (Toronto time) in certain places within the document and these references should be read as 8:00 p.m. (Toronto time).

Contact Information

  • Vaaldiam Resources Ltd.
    Ken Johnson
    President and Chief Executive Officer
    (416) 363-6927
    or
    Vaaldiam Resources Ltd.
    Janet Reid
    Manager, Investor Relations
    (416) 363-6927
    Website: www.vaaldiam.com