SYMBOL: DFI
CAPE TOWN, June 13 /CNW/ - Diamond Fields International Ltd. (DFI:TSX)
("DFI" or the "Company") announces that Mr. Jack McOuat has resigned as a
director of the Company. Mr. McOuat has been a director of the Company since
2004. The board of directors would like to thank Mr. McOuat for his excellent
contribution to the Company over the last 2 years and wishes him well in the
future.
Diamond Fields International Ltd. and Moydow Mines International Inc.
(TSX: MOY)(AIM: MOY) ("Moydow") announced in press releases dated March 1,
2006 that they had reached an agreement effective February 28th, 2006 pursuant
to which Moydow security holders will exchange their Moydow securities for
securities of Diamond Fields (the "Acquisition"). The Acquisition remains
subject to various conditions as previously announced. Moydow, like Diamond
Fields, is engaged in mineral exploration and development worldwide.
DIAMOND FIELDS INTERNATIONAL LTD.
"Roger J. Daniel"
Roger J. Daniel, President and CEO
Forward-Looking Statements:
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific factors
identified in Diamond Fields' periodic filings with Canadian Securities
Regulators. Such forward-looking information represents management's best
judgment based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary materially.
Diamond Fields does not assume the obligation to update any forward-looking
statement.
