Diamond Fields International Ltd.’s Jack McOuat has resigned as a
director of the company. Mr. McOuat has been a director of the company since
2004. The board of directors would like to thank Mr. McOuat for his excellent
contribution to the company over the last two years and wishes him well in the
future.
Diamond Fields International and Moydow Mines International Inc., as reported in Stockwatch news March 1, 2006, reached an agreement effective Feb. 28, 2006, pursuant
to which Moydow securityholders will exchange their Moydow securities for
securities of Diamond Fields. The acquisition remains
subject to various conditions as previously announced. Moydow, like Diamond
Fields, is engaged in mineral exploration and development worldwide.