Diamond Fields International Ltd.
has closed
an interim financing with Spirit Resources SARL, a company
beneficially owned by Jean-Raymond Boulle, the company’s largest
shareholder.
The company has executed a promissory note with Spirit, under which
Spirit has provided an unsecured loan to the company in the amount of
$250,000 (U.S.). The note matures
on Dec. 21, 2012. The company intends to repay the debt to Spirit
with a portion of the proceeds from a proposed convertible debenture
financing, which financing is subject to receipt of approval from
disinterested shareholders at Diamond Fields International’s annual general meeting scheduled to
be held Dec. 20, 2012.
