| ||Mon Sep 24, 2007|
Ed Flood Joins Diamond Fields Board
| ||Cape Town, September 25, 2007: Diamond Fields International Ltd. (DFI:TSX) ("DFI" or the "Company") is very pleased to announce that Edward Flood has agreed to join the board of directors of the Company.|
After 11 years as President and Deputy Chairman of Ivanhoe Mines Ltd (until February, 2007), Ed Flood became Managing Director, Investment Banking, for Haywood Securities (UK) Ltd., a subsidiary of one of Canada's leading independent investment dealers. He is also the Chairman of Western Uranium Corporation and Director to several mineral exploration and development companies. Prior to joining Ivanhoe, from 1993 to 1995, Mr. Flood was a principal at Robertson Stephens & Co., a U.S. investment bank and a member of Robertson Stephens' investment team. From 1983 to 1993, he served as Manager, Project Evaluation for NERCO Minerals Company. He also held the position of senior mining analyst with Haywood Securities Inc from 1999 to 2001. Mr. Flood holds a Masters of Science (Geology) degree from the University of Montana and a BSc (Geology) degree from the University of Nevada.
Roger Daniel, DFI's President and CEO Commented: "We are delighted that Ed has agreed to join the Company's board of directors. He has been an analyst on the buy side, the sell side, has run mining projects and companies, and evaluated mining opportunities throughout the world, maintaining a vast network of professionals in the business. His exceptional technical, corporate and financial knowledge and experience will undoubtedly be of great benefit to Diamond Fields as the Company enters into a very aggressive phase in the development of its diamond, gold and base metals assets."
DATED September 25, 2007.
DIAMOND FIELDS INTERNATIONAL LTD.
"Roger J. Daniel"
Roger J. Daniel, President and CEO
For further information, contact Roger Daniel at +27 21 425 1990
Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in Diamond Fields' periodic filings with Canadian Securities Regulators. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Diamond Fields does not assume the obligation to update any forward-looking statement.
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