SYMBOL: DFI
CAPE TOWN, South Africa, May 19 /CNW/ - Diamond Fields International Ltd.
(DFI:TSX) ("DFI" or the "Company") announces that it is making every effort to
complete and file its interim financial statements for 3rd quarter 2006 on
Tuesday, May 23, 2006. As reported in its news release of May 18th, 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. The
British Columbia Securities Commission has advised the Company that a cease
trade order may be issued before the close of business (PST) on Tuesday,
May 23 in the event that the financial statements are not filed before
11:30 a.m. (PST) on that date.
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.
