Diamonds North Resources Ltd fka DDN

[EnergyGuy62]

Diamonds North Completes Financing

VANCOUVER, July 22, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) reports that the final portion of the non-brokered private placement announced on June 15, 2010 has closed for gross proceeds of $390,000. The Company has issued 1,950,000 flow-through common shares and paid finders' fees of $27,300.
All the securities issued hereunder are subject to a four month hold period and may not be traded until November 23, 2010.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building long-term value for shareholders through ongoing discoveries and leveraging business opportunities from our vast land holding.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President & CEO
For additional information please contact: Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
Website: www.diamondsnorth.com