Cadillac Ventures Inc V.CDC.H

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Time 03:08:19 AM Company China Diamond Corp. Title $500,000 Private Placement DMIS Processed No CDNX Symbol: CDC Exchange: VSE Symbol: CDC Exchange: Symbol: Exchange: Symbol: Press Release $500,000 Private Placement --->@NEWS RELEASECHINA DIAMOND CORP. ("CDC-V") - $500,000 Private Placement The Company wishes to announce that it is engaging in a private placement of 1,111,111 units at $0.45 per unit for total proceeds of $500,000. Each unit is comprised of one common share and one share purchase warrant exercisable for a period of one year at $0.50 per warrant. Proceeds of the private placement will be used for expenditures on the Company's mineral properties in China and for general working capital purposes. $722,500 Private Placement Closes The Company also wishes to announce that it has closed its private placement of 2,888,000 units. The terms of the private placement were first announced on November 27, 2003 and amended on January 5, 2004. The units, sold at $0.25 per unit, were each comprised of one common share and one share purchase warrant. The common shares and shares underlying the warrants are subject to a four month Exchange hold period expiring on May 27, 2004. The four month hold period assumes adoption of proposed securities regulations to take effect March 30, 2004. ABOUT CHINA DIAMOND CORP. China Diamond Corp. (www.chinadiamondcorp.com) is China's largest diamond producer. The Company is a junior resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects. China Diamond Corp. controls four mining properties in the People's Republic of China. China Diamond Corp. trades on the TSX Venture Exchange under the symbol "CDC". TEL: [phone] Investor Relations E-mail: [e-mail] Internet: www.chinadiamondcorp.com ______________________________________ ___________________________________________________________________ (c) Market News Publishing Inc. Tel:[phone] All rights reserved. Fax:[phone] MarketbyFax(tm) - To get the NEWS as it happens, call [phone]. 040128E4+3+000022 [250/Private Placement]CDCVCHINA DIAMOND CORPJAN 28 2004 03:03 AM $500,000 Private Placement --->@NEWS RELEASECHINA DIAMOND CORP. ("CDC-V") - $500,000 Private Placement The Company wishes to announce that it is engaging in a private placement of 1,111,111 units at $0.45 per unit for total proceeds of $500,000. Each unit is comprised of one common share and one share purchase warrant exercisable for a period of one year at $0.50 per warrant. Proceeds of the private placement will be used for expenditures on the Company's mineral properties in China and for general working capital purposes. $722,500 Private Placement Closes The Company also wishes to announce that it has closed its private placement of 2,888,000 units. The terms of the private placement were first announced on November 27, 2003 and amended on January 5, 2004. The units, sold at $0.25 per unit, were each comprised of one common share and one share purchase warrant. The common shares and shares underlying the warrants are subject to a four month Exchange hold period expiring on May 27, 2004. The four month hold period assumes adoption of proposed securities regulations to take effect March 30, 2004. ABOUT CHINA DIAMOND CORP. China Diamond Corp. (www.chinadiamondcorp.com) is China's largest diamond producer. The Company is a junior resource company engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects. China Diamond Corp. controls four mining properties in the People's Republic of China. China Diamond Corp. trades on the TSX Venture Exchange under the symbol "CDC". TEL: [phone] Investor Relations E-mail: [e-mail] Internet: www.chinadiamondcorp.com ______________________________________ ___________________________________________________________________ (c) Market News Publishing Inc. Tel:[phone] All rights reserved. Fax:[phone] MarketbyFax(tm) - To get the NEWS as it happens, call [phone].