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Interim Financial Statements Filed, Rights Offering Filings to Proceed and Resumption of Mining in Namibia
Interim Financial Statements Filed, Rights Offering Filings to Proceed and Resumption of Mining in Namibia.
About this update from Dfr Gold Inc
[{"type":"text","content":"\n\n\n\n\nSYMBOL: DFI\n\nCAPE TOWN, South Africa, Nov. 23 /CNW/ - Diamond Fields International\nLtd. (DFI:TSX) (\"DFI\" or the \"Company\") is pleased to announce that, further\nto its press release dated October 26, 2006, the Company filed on November 23,\n2006 its interim financial statements for the three-months ended September 30,\n2006 and management's discussion and analysis. Accordingly, the Company is now\npermitted to proceed with its filings with Canadian securities regulators in\nconnection with the previously announced proposed rights offering. Further\ndetails on the proposed rights offering will be announced separately in due\ncourse.\nDFI is also pleased to announce that in connection with the previously\nannounced standby guarantee agreement between the Company and Spirit Resources\nSARL (\"Spirit\"), Spirit has advanced to the Company an additional\nCdn$0.1 million, for an aggregate of Cdn$1.8 million advanced to date, to be\napplied towards Spirit's participation in the proposed rights offering of the\nCompany. Such advance will, pending completion of the rights offering,\nconstitute a non interest bearing loan from Spirit to the Company. Please\nrefer to the Company's news release dated September 1, 2006 for further\ndetails on the standby guarantee agreement and Spirit's participation in the\nrights offering. With the receipt of the additional funds from Spirit, the\nCompany has completed the dry-docking, maintenance and repair of the mv DF\nDiscoverer and the vessel resumed mining operations offshore Luderitz, Namibia\non November 19, 2006.\n\nDATED November 23, 2006.\n\nDIAMOND FIELDS INTERNATIONAL LTD.\n\n\"Roger J. Daniel\"\n\nRoger J. Daniel, President and CEO\n\nForward-Looking Statements:\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":2297,"tagName":"div"}]