$treet Trader Lion's Den

[$tock Rev]

Dolat Ventures Inc. (DOLV)
announced today that its subsidiary Dove Diamonds & Mining reported that there
has been a rise in tax imposed by Sierra Leone on high-value diamond exports. The
tax has been raised from 6.5 percent to 15 percent, on diamonds valued $500,000
and above. The imposition was put into effect as of December 28, 2009.

Mr. Dovid Hauck, Chief Executive Officer of Dove Diamonds & Mining Inc., stated,
"In addition to the new Mining laws, implementation of this new tax may allow for
increased government social spending and reinforces that Sierra Leone is
beginning to value its critical development in bringing in foreign investment to
the country. We see substantial more investment into Sierra Leone in 2010."

The country's parliament recently passed a new minerals law through which the
government hopes to boost revenues as a means of stimulating national economic
growth. Under the new law, which still needs to be signed by the President of
Sierra Leone, diamond royalties will rise from 5 percent to 6.5 percent and gold
royalties will increase from 4 percent to 5 percent, according to the Wall Street
Journal.