Cadillac Ventures Inc V.CDC.H

Seriously now!!

[NETS]

China Diamond Corp. Announces Production Figures 3/1/04 LONDON, Ontario, Mar 1, 2004 (BUSINESS WIRE) -- China Diamond Corp. (TSX VENTURE:CDC) announced the results of production from January 2003 to December 2003 at the 701 Changma mine in Shandong province, China. 'Stabilized production from 701 exceeded our expectations,'said Chairman and CEO Sam Halbouni. 'We were confident that more effective management could improve production at the mine, and our confidence has been rewarded. We hope to continue to improve efficiency at the 701 mine to realize even greater earnings down the line.' China Diamond Corp.'s 701 Changma mine produced 50,542 carats of diamonds from 71,545 processed tonnes of ore resulting in a production grade of 0.71 carats per tonne between January 1, 2003 and December 31, 2003. New efficiencies implemented in November 2003 led to a 55% improvement in production grade, a 63% increase in processed ore, and a 154% increase in carats recovered in one month; and a 92% increase in processed ore, a 16% improvement in production grade, and a 124% increase in carats recovered over two months. Quarter over quarter, management increased production grade by 12%, processed ore by 55%, and carats recovered by 75%. Results are summarized in the table below:----------------------------------------------------------------------Period Mined Processed Grade Carats(2003) tonnes tonnes Processed Recovered carats/tonne greater than 1mm----------------------------------------------------------------------January 3,300 3,300 0.79 2,591----------------------------------------------------------------------February 2,805 3,682 0.58 2,140----------------------------------------------------------------------March 3,286 3,286 0.65 2,132----------------------------------------------------------------------April 7,320 7,932 0.66 5,217----------------------------------------------------------------------May 3,731 3,689 0.92 3,387----------------------------------------------------------------------June 6,417 6,417 0.83 5,326----------------------------------------------------------------------July 5,540 5,501 0.57 3,151----------------------------------------------------------------------August 7,616 7,082 0.56 3,936----------------------------------------------------------------------September 3,377 4,313 0.86 3,729----------------------------------------------------------------------October 5,973 5,783 0.57 3,274----------------------------------------------------------------------November 9,670 9,448 0.88 8,318----------------------------------------------------------------------December 10,780 11,112 0.66 7,341----------------------------------------------------------------------Total 69,815 71,545 0.71 50,542---------------------------------------------------------------------- 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'. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. SOURCE: China Diamond Corporation China Diamond Corp. Investor Relations, 866-545-0400 Email: [e-mail] www.chinadiamondcorp.com Customize your Business Wire news &multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved. Stock Options 3/2/04 The Company wishes to announce that it has granted a total of 9,200,000 incentive stock options to directors, officers, employees and consultants under the terms of its Stock Option Plan approved at its October 22, 2003 shareholders meeting. A total of 1,200,000 incentive stock options have been granted effective Fe bruary 16, 2004 at an exercise price of $0.24 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. A total of 250,000 incentive stock options have been granted effective February 16, 2004 at an exercise price of $0.31 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. A total of 6,750,000 incentive stock options have been granted effective March 1, 2004 at an exercise price of $0.19 per share. The options have a two year term and are subject to a four month hold period under the policies of the TSX-Venture Exchange and vest over a period of two years. 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'. CONTACT: TEL: [phone] Investor Relations Email: [e-mail] WEBSITE: www.chinadiamondcorp.com China Diamond Corp. Announces Sales Figures 3/8/04 LONDON, Ontario, Mar 8, 2004 (BUSINESS WIRE) -- China Diamond Corp. (TSX VENTURE:CDC) (the 'Company') announced the results of the sale of a sample parcel of diamonds recovered from the 701 Changma mine in Shandong province, China between November 26, 2003 and December 22, 2003. 'We are very pleased with the production and quality of diamonds recovered from the 701 Changma mine, and are determined to increase our revenue from operations,'said President Philip Cassis. 'We have initiated a sales process to realize superior prices for our product in a broader market. We believe that we can continue to improve shareholder value by maintaining, or increasing the gains we have made in production and processing, and by selling diamonds in the international market.' Fifty-one percent of the stones recovered from China Diamond Corp.'s 701 Changma mine were gem quality stones. The largest diamond recovered was a VVS quality stone weighing 33.3 carats. The following table describes the sale of individual diamonds, and smaller parcels of industrial grade diamonds. ---------------------------------------------------------------------- Weight Price per Weight Price per (carats) Revenue carat (carats) Revenue carat---------------------------------------------------------------------- 33.30 $ 187,568.08 $ 5,632.68 601.83 $ 18,562.31 $ 30.84---------------------------------------------------------------------- 7.31 $ 20,717.19 $ 2,834.09 577.06 $ 17,798.33 $ 30.84---------------------------------------------------------------------- 8.39 $ 7,645.60 $ 911.28 46.00 $ 1,418.78 $ 30.84---------------------------------------------------------------------- 28.10 $ 20,401.59 $ 726.04 922.18 $ 28,442.90 $ 30.84---------------------------------------------------------------------- 7.13 $ 4,772.28 $ 669.32 517.23 $ 15,952.98 $ 30.84---------------------------------------------------------------------- 1.45 $ 600.80 $ 414.34 309.53 $ 9,546.87 $ 30.84---------------------------------------------------------------------- 1.38 $ 527.81 $ 382.47 241.05 $ 7,434.73 $ 30.84---------------------------------------------------------------------- 1.95 $ 621.52 $ 318.73 165.51 $ 5,104.84 $ 30.84---------------------------------------------------------------------- 1.17 $ 335.62 $ 286.85 120.70 $ 3,722.76 $ 30.84---------------------------------------------------------------------- 1.16 $ 332.75 $ 286.85 117.54 $ 3,625.30 $ 30.84---------------------------------------------------------------------- 1.12 $ 321.28 $ 286.85 32.98 $ 1,017.21 $ 30.84---------------------------------------------------------------------- 1.77 $ 366.53 $ 207.08 343.15 $ 10,583.81 $ 30.84---------------------------------------------------------------------- 5.15 $ 641.28 $ 124.52 64.17 $ 1,979.20 $ 30.84---------------------------------------------------------------------- 34.69 $ 3,600.33 $ 103.79 49.90 $ 1,539.07 $ 30.84---------------------------------------------------------------------- 1.81 $ 57.69 $ 31.87 32.39 $ 999.01 $ 30.84-------------------------------------------------------------------------------------------------------------------------------------------- Total: 4,277.10 $376,238.47 $ 87.97---------------------------------------------------------------------- China Diamond Corp. sold 4,277.01 carats for $376,238. The average price per carat recovered was $87.97. The sale of the parcel was governed by a forward sales agreement negotiated by previous management. The term of the sales agreement has concluded and management expects to sell diamonds from future production at prevailing market rates. 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'. The TSX Venture China Diamond Corp.: Philip Cassis Interview 3/30/04 LONDON, ONTARIO, Mar 30, 2004 (CCNMatthews via COMTEX) -- China Diamond Corp. (TSX-V: CDC - the 'Company') today released the following excerpt from an interview with China Diamond Corp. President Philip Cassis. Q: What are some of China Diamond Corp.'s recent developments? Philip Cassis: Six months ago we held our Annual General Meeting and set ambitious goals for the Company. Since that time we have added Andrew Bradfield and Michael Michaud as key elements of our management team. We have negotiated more favorable terms for our joint venture agreements in China. We have commissioned independent valuation of the 701 Changma mine, and technical reports for our 702 and 703 properties. Most importantly, we have kept our covenant with shareholders and the Exchange to provide material information accurately, and in a timely manner. Q: What quantitative goals have you met? PC: We have markedly improved operations at the 701 mine. Of 50,542 carats of diamonds recovered in 2003, 15,659 carats were recovered in two months under new managements more efficient operations. We more than doubled the monthly production of diamonds in less than two months. This exceeded our expectations for production. Q: To what do you attribute the growth in production? PC: Management was able to create new efficiencies that contributed to greater processing, recovery, and retention. For instance, we retained a consultant who tightened up mine security, allowing us to retain more of the diamonds recovered from processing. We expect to continue at a higher level of efficiency, and we are hopeful that we will continue to see the recovery of significant gemstones. Q: What do you consider a 'significant gemstone'? PC: It's hard to define a significant gemstone. Over the thirty years in which the mine has been in operation there have been some tremendous diamonds recovered. There was a 119 carat stone in 1988, 67 carats in 1991, and just recently we recovered a 33 carat stone we sold for $187,000. We love to see those, but we are very happy with lots of one carat stones, too. Q: How much of your production is gemstone quality diamonds? PC: Based on a representative sample of diamonds recovered from our 701 mine, 51% of the diamonds recovered are gemstone quality diamonds. This is a very favorable balance for any mine of this nature. Our current production grade is 0.71 carats per tonne. This is very good, but we believe we can do better. Q: Can you count on continued recovery of gemstone quality diamonds? PC: You can never be sure, but there has been no shortage over the last thirty year's production. Of course, past performance is no assurance of future performance, but it is nice to have a track record. Q: Where does China Diamond Corp. stand now? PC: China Diamond Corp. is in the best position it has been in since inception. This is a very exciting time for the Company. We are actively involved in underground mining at the 701 mine, and we continue to recover diamonds to sell in the worldwide market. We are in the process of obtaining financing to continue improvements at the 701 mine, and to complete exploration of the neighboring 702 property, the 703 property, and the Huixian properties. We are hopeful that we will receive approval of our development of our Mineral Resources from the Exchange, and in turn we hope to return to Tier 1 status, and ultimately a Toronto Stock Exchange listing. Q: What is the current status of financing? PC: We expect financing to close shortly. Q: Where does China Diamond Corp. go from here? PC: There are three operational areas on which we are focused. First, we will continue to improve operations at the 701 mine. Second, with the approval of the exploration plan we will move forward rapidly to take advantage of the opportunities we see at 702, 703, and Huixian. Third, financing will allow us to accelerate our plans for development, and allow for increased efficiency through technological upgrade. We are doing everything we can to get a listing on the Toronto Stock Exchange, but it is in their hands. Q: How does China Diamond Corp. compare with other diamond companies? PC: There are so many other good diamond companies in Canada that it is a challenge to distinguish ourselves. We are an existing producer with a long track record of production. We have good production in terms of quantity and quality. We think we distinguish ourselves by having operations in China that allow us to grow rapidly, and cost effectively. The opportunity in China is very different than the opportunity in Canada, and we feel we have a very real chance of realizing value for shareholders quickly and efficiently in China. Q: How would you sum up? PC: China Diamond Corp. is China's largest diamond producer. We are uniquely positioned to grow rapidly. Growth in our operations and the prospect of graduating to a senior exchange are tremendous motivating factors for management. We hope investors will see value in our efforts. 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'. China Diamond Corp. Investor Relations [phone] [e-mail] www.chinadiamondcorp.com NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Copyright (C) 2004, CCNMatthews. All rights reserved. © 2004 StockHouse.com | China Diamond to Attend New York Institutional Gold Conference 5/4/04 LONDON, May 4, 2004 (BUSINESS WIRE) -- China Diamond Corp. (TSX VENTURE:CDC), China's largest diamond producer, announced today that the company's management will attend the upcoming Diamond Expo at the New York Institutional Gold Conference in New York, at the Marriott Marquis, on June 2-3, 2004. Representat ives from the company will be available at Booth #1513 to discuss China's Diamond's strategy with the expected thousands of attendees, including participating industry analysts, Newsletter editors, portfolio and fund managers, investment specialists and financiers. The Diamond Expo at the conference will provide an opportunity for current and potential shareholders to visit the company's booth and meet with members of China Diamond Corp.'s management team. 'This is an excellent opportunity to meet face-to-face with the investment community', said Sam Halbouni, Chairman and CEO of China Diamond Corp., 'We have hit significant milestones in our restructuring plan and we would like to take advantage of opportunities to attend these trade shows to provide an overview of our corporate strategy to a key cross-section of participants within the financial community.' ABOUT CHINA DIAMOND CORP. China Diamond Corp. (TSX-V: CDC) is China's largest diamond producer. The company is a junior resource company engaged in the mining, exploration and advancement of diamond and gold prospects. China Diamond Corp. controls four mining properties in the People's Republic of China. For more information visit, www.chinadiamondcorp.com 'This release may contain forward-looking statements relating to expectations, plans or prospects for China Diamond Corp.'s operations that are based upon the current expectations and beliefs of China Diamond Corp.'s management. Such statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: unexpected variations in production and in ore grade, changes in the market price of product mined from the Company's properties, currency fluctuations, equipment or plant failure.' The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. SOURCE: China Diamond Corporation Primoris Group Investor China Diamond Corp. Provides Update on Company Affairs 5/6/04 China Diamond Corp. (TSX-V: CDC), China's largest diamond producer, wishes to update shareholders on its affairs. Mr. Hu Shijie, a Director of the Company, has resigned as a Director of the Company effective May 3, 2004. Mr. Hu will continue to be employed with the Company but only in a technical capacity and i n conjunction with Michael Michaud, a Qualified Person as defined by National Instrument 43-101 and the Company's Chief Operating Officer, Andrew Bradfield. The Company wishes to thank Mr. Hu for his past contribution to its success and wishes to thank him in advance for his future contributions. ABOUT CHINA DIAMOND CORP. China Diamond Corp. (TSX-V: CDC) is China's largest diamond producer. The company is a junior resource company engaged in the mining, exploration and advancement of diamond and gold prospects. China Diamond Corp. controls four mining properties in the People's Republic of China. For more information visit, www.chinadiamondcorp.com 'This release may contain forward-looking statements relating to expectations, plans or prospects for China Diamond Corp.'s operations that are based upon the current expectations and beliefs of China Diamond Corp.'s management. Such statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: unexpected variations in production and in ore grade, changes in the market price of product mined from the Company's properties, currency fluctuations, equipment or plant failure.' FOR FURTHER INFORMATION PLEASE CONTACT: Primoris Group Investor Relations [phone] Email: [e-mail] The TSX Venture Exchange has in no way passed upon the merits