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Diamonds North Grants Incentive Options
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VANCOUVER, December 24th, 2009 -- Diamonds North Resources Ltd. (TSX-V:
DDN) announces the grant of 6,260,000 incentive stock options, under
the Company's stock option plan, to certain directors, officers,
consultants and employees of the Company, exercisable at a price of
.30 per share for a period of five years from the date of grant..
In addition, an aggregate of 5,686,500 incentive stock options issued
to certain directors, officers, consultants and employees of the
Company have been surrendered to the Company for cancellation effective
December 29th, 2009.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President & CEO
For additional information please contact:
Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email:
info@diamondsnorth.com
Website:
www.diamondsnorth.com