Diamond Fields International Ltd. - Appointment of new President and CEO

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[{"type":"text","content":"\n\n\n\nSYMBOL: DFI\n\n\nCAPE TOWN, South Africa, Dec. 24 /CNW/ - Diamond Fields International\nLtd. (DFI:TSX) ("DFI" or the "Company") is pleased to announce the appointment\nof Edward Wayne Malouf as a director and as President and Interim Chief\nExecutive Officer effective January 1, 2008. This follows the announcement on\nOctober 2, 2007 that Roger Daniel is leaving the Company at the end of\nDecember 2007. The Company extends its appreciation to Mr. Daniel for his\ncontributions over the past 6 1/2 years, the last two of which he served as\nCEO. We wish him the best of luck in his future endeavors.\n\n\nMr. Malouf received his B.A. and J.D. from St. Mary's University in Texas\nand his M.A. from the University of Chicago. In private practice for several\nyears, Mr. Malouf has represented a number of mining companies. In 2002 he\nbecame chief executive officer of Sierra Rutile Limited, a subsidiary of\nTitanium Resources Group ("TRG"), a London AIM listed company (TRX), and one\nof the world's largest producer's of natural rutile. In that capacity and\nlater as Executive Vice-Chairman of TRG, Mr. Malouf played a pivotal role in\nthe successful restart of TRG's rutile and bauxite mining operations in Sierra\nLeone. Mr. Malouf has had an outstanding legal and business career and the DFI\nBoard believes that his experience and proven track record strengthens the\nCompany's management and will help usher DFI to its next stage of growth.\n\n\nDIAMOND FIELDS INTERNATIONAL LTD.\n\n\n"Ian Ransome"\n\n\nIan Ransome, Chief Operating Officer\n\n\nForward-Looking Statements:\n\n\nStatements in this release that are forward-looking statements are\nsubject to various risks and uncertainties concerning the specific factors\nidentified in Diamond Fields' periodic filings with Canadian Securities\nRegulators. Such forward-looking information represents management's best\njudgment based on information currently available. No forward-looking\nstatement can be guaranteed and actual future results may vary materially.\nDiamond Fields does not assume the obligation to update any forward-looking\nstatement.\n\n\n","length":2217,"tagName":"div"}]

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