Post by Franko10 ™ on Nov 1, 2006 9:20:08 GMT -5
NORTH STAR DIAMONDS INC.
114 West Magnolia Street, Suite #400-PMB 102, Bellingham, WA 98225
NORTH STAR DIAMONDS INC. ANNOUNCES REVISED RECORD DATE
FOR IMMEDIATE RELEASE
Date: November 1, 2006
Bellingham, WA, -- November 1, 2006/ PR Newswire-FirstCall via COMTEX /- North Star Diamonds, Inc. (Pink Sheets: NSDM) North Star Diamonds Inc. wishes to advise shareholders of a revised record date for the spinout of North Star Strategic Minerals, Inc. This is due to insufficient notice having been given to the governing authorities. The revised spinout date is Tuesday, November 14, 2006 at 5:00 p.m. PST. The payout date is by November 21. This revision was due to insufficient notice to a governing body and North Star Diamonds Inc. apologizes for the inconvenience. Shares of North Star Strategic Minerals, Inc., the spinout company, will be issued to the holders of North Star Diamonds Inc. on a 1:1 (one to one) basis as of the record date. These shares will be issued automatically and the shareholder is not required to take any action.
About North Star Diamonds, Inc.
North Star Diamonds, Inc. is a diamond exploration and sales company. The Company holds strategically acquired diamond claims mostly in the Manitoba area of Canada. The Company sells diamonds in Canada and the United States. North Star Diamonds, Inc. has offices in Bellingham, WA and Vancouver, BC. www.northstardiamonds.net/
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
114 West Magnolia Street, Suite #400-PMB 102, Bellingham, WA 98225
NORTH STAR DIAMONDS INC. ANNOUNCES REVISED RECORD DATE
FOR IMMEDIATE RELEASE
Date: November 1, 2006
Bellingham, WA, -- November 1, 2006/ PR Newswire-FirstCall via COMTEX /- North Star Diamonds, Inc. (Pink Sheets: NSDM) North Star Diamonds Inc. wishes to advise shareholders of a revised record date for the spinout of North Star Strategic Minerals, Inc. This is due to insufficient notice having been given to the governing authorities. The revised spinout date is Tuesday, November 14, 2006 at 5:00 p.m. PST. The payout date is by November 21. This revision was due to insufficient notice to a governing body and North Star Diamonds Inc. apologizes for the inconvenience. Shares of North Star Strategic Minerals, Inc., the spinout company, will be issued to the holders of North Star Diamonds Inc. on a 1:1 (one to one) basis as of the record date. These shares will be issued automatically and the shareholder is not required to take any action.
About North Star Diamonds, Inc.
North Star Diamonds, Inc. is a diamond exploration and sales company. The Company holds strategically acquired diamond claims mostly in the Manitoba area of Canada. The Company sells diamonds in Canada and the United States. North Star Diamonds, Inc. has offices in Bellingham, WA and Vancouver, BC. www.northstardiamonds.net/
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President