DIAMCOR MINING INC. ("DMI") BULLETIN TYPE: Shares for Debt BULLETIN DATE: February 27, 2007 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 1,258,329 shares with a deemed value of $0.18 per share with 902,920 warrants exercisable at $0.27 per share for two years to settle outstanding debt for $226,499.28.
Number of Creditors: 6 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares
Darren Vucurevich Professional Corporation (Darren Vucurevich) Y $26,345.82 $0.18 146,366 Shares Only Wolf CWC Distributors Ltd. (Wayne Wolf) Y $37,627.95 $0.18 209,044 Shares Only
The Company shall issue a news release when the shares are issued and the debt extinguished.
TSX-X ________________________________________
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