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Latest Diamond Fields Intl (DFIFF) Headlines

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Posted On: 03/09/2014 2:24:25 PM
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Latest Diamond Fields Intl (DFIFF) Headlines



Diamond Fields in Dispute with Red Sea Joint Venture Partner

Marketwire - Thu Jan 30, 1:05PM CST

Diamond Fields International Ltd. (TSX VENTURE: DFI) ("DFI" or the "Company") announces that it has invoked binding arbitration to resolve a dispute with its Red Sea Joint Venture Partner, Manafa International Commerce Company of Saudi Arabia ("Manafa") over Manafa's compliance with its obligations under the Joint Venture Agreement (refer to DFI News Release dated June 4, 2010).



Diamond Fields Announces Positive Pre-Feasibility Study on Mining Lease 111 Off Coast of Namibia, and the Departure of Michael Cuthbert

Marketwire - Mon Jan 27, 12:33PM CST

Diamond Fields International Ltd. (TSX VENTURE: DFI) ("DFI" or the "Company") is pleased to announce the completion of a preliminary study of the feasibility of resuming mining in 2014 on its Mining Lease ("ML") 111 situated off the coast of Namibia. The study was undertaken by Afri-Can Marine Minerals ("Afri-Can") pursuant to an agreement between DFI and Afri-Can (www.afri-can.com).



Diamond Fields Announces Granting of South African Marine Phosphate Exploration Licence

Marketwire - Mon Jan 13, 12:52PM CST

Diamond Fields International Ltd. (TSX VENTURE: DFI) ("DFI" or the "Company") is pleased to announce that it has been granted a marine exploration license for phosphate and associated minerals by the Government of the Republic of South Africa. The exploration license is valid for a period of five years in the first instance, and extends over an area of approximately 47,468 km2 within the Outeniqua Basin in the South Western Cape. The license was awarded following an extensive environmental management plan compiled by the Council for Scientific and Industrial Research and public consultation with interested and affected parties.



Diamond Fields Amends Articles to Provide for Notice and Access Regime

Marketwire - Wed Dec 11, 2:57PM CST

Diamond Fields International Ltd. (TSX VENTURE: DFI) ("DFI" or the "Company") announces that all matters presented to shareholders at the Company's Annual General Meeting held on December 10, 2013 were approved, including an amendment to the Company's Articles of Incorporation to allow for the new Notice and Access regime.



Diamond Fields Announces Afri-Can Marine Reaches Agreement for Development and Mining of Diamond Fields' Mining Lease 111 and EPL 3403 Off Coast of Namibia

Marketwire - Thu Dec 05, 12:26PM CST

Diamond Fields International Ltd. (TSX VENTURE: DFI) ("DFI" or the "Company") announces that pursuant to a joint venture agreement, Afri-Can Marine Minerals ("Afri-Can") (see DFI's March 21, 2013 press release), has signed a Memorandum of Understanding with International Mining and Dredging Holding Ltd ("IMDH") for the development and mining of the Mining Leases ("ML") under option with the Company, and of the Exclusive Prospecting License ("EPL") 3403, both situated off the coast of Namibia.



Afri-Can Marine Reaches Agreement for Development and Mining of Diamond Fields Mining Lease 111 and EPL 3403 Off Coast of Namibia

Marketwire - Thu Dec 05, 8:59AM CST

Afri-Can Marine Minerals Corporation ("Afri-Can") (TSX VENTURE: AFA) announces that it has signed a Memorandum of Understanding with International Mining and Dredging Holding Ltd ("IMDH") for the development and mining of the Mining Leases ("ML") under option with Diamond Fields International Ltd ("DFI") and of the Exclusive Prospecting License ("EPL") 3403, both situated off the coast of Namibia (see Map 1).



Diamond Fields Adopts Advance Notice Policy

Marketwire - Tue Sep 17, 12:31PM CDT

Diamond Fields International Ltd. (the "Company") (TSX VENTURE: DFI) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of Diamond Fields with a clear framework for nominating directors of the Company. Diamond Fields is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.



Diamond Fields Closes Cdn$1,000,000 Financial Arrangement

Marketwire - Tue Sep 10, 2:45PM CDT

Diamond Fields International Ltd. (TSX VENTURE: DFI) is pleased to announce that it has reduced its outstanding debt by $500,000 and has raised an additional $500,000 through a warrant exercise.



Diamond Fields' Grants Stock Options Under Fixed Stock Option Plan

Marketwire - Fri Jul 19, 10:39AM CDT

Diamond Fields International Ltd. (TSX VENTURE: DFI) announces the grant of options entitling eligible participants to purchase up to 3,650,000 common shares at an exercise price of $0.10 per share for a five year term, expiring July 18, 2018. Following this stock option grant a balance of 556,900 options remain available for future grants under the Company's Fixed Stock Option Plan, which was approved by the TSX Venture Exchange on June 27, 2013 (see news release July 17, 2013).



Diamond Fields Adopts Fixed Stock Option Plan

Marketwire - Wed Jul 17, 4:21PM CDT

Diamond Fields International Ltd. (TSX VENTURE: DFI) announces that on June 27, 2013, it received acceptance from the TSX Venture Exchange (the "Exchange") to the filing of a Fixed Stock Option Plan (the "Plan"), whereby 7,641,900 shares, being less than 10% of the issued and outstanding shares of the Company, have been reserved for issuance. Options can be granted under the Plan for a period of up to ten years, at a price not less than the greater of $0.10 per share and the "discounted market price" as defined by Exchange policies prevailing on the day the option is granted, or such other prices as may be required or permitted by the Exchange. As the Plan is for less than 10% of the Company's issued shares, no shareholder approval is required. The Company currently has 3,435,000 stock options outstanding, leaving 4,206,900 available to grant.



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