SYMBOL: DFI
CAPE TOWN, May 18 /CNW/ - Diamond Fields International Ltd. (DFI:TSX)
("DFI" or the "Company") regrets to report a delay in filing its interim
financial statements for 3rd quarter 2006. The delay is due to logistical and
systems problems encountered during the relocation of its head office from
Vancouver to Cape Town, South Africa, effective March 1st, 2006 and announced
in news releases dated December 2nd, 2005 and February 28th, 2006. The TSX has
agreed to an extension for filing to May 19th, 2006.
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.
