Owner
Post by Franko10 ™ on Sept 16, 2004 7:53:21 GMT -5
Diagem International Resource Corp. (the "Company") announces that, subject to regulatory approval, the number of units to be placed in its private placement, previously announced August 20, 2001, has been increased. The private placement will now be for 8,750,000 units and not 5,000,000 units as previously announced.
All other terms remain unchanged. In particular, the units are still being offered at a price of $0.20 per units, for revised gross proceeds of $1,750,000. Each unit will comprise one common share and one share purchase warrant entitling the holder to purchase an additional common share at a price of $0.23 in the first year and $0.33 in the second year.
For and on behalf of
DIAGEM International Resource Corp.
"David Cohen"
President
All other terms remain unchanged. In particular, the units are still being offered at a price of $0.20 per units, for revised gross proceeds of $1,750,000. Each unit will comprise one common share and one share purchase warrant entitling the holder to purchase an additional common share at a price of $0.23 in the first year and $0.33 in the second year.
For and on behalf of
DIAGEM International Resource Corp.
"David Cohen"
President
