Public Companies

Diamond Fields expanded its Namibia JO area with partner Bonaparte. The JO area grew from 1.6 to 10.8 square kilometres off Luderitz.

Diamond Fields shareholders approved converting Spirit debt to shares. Spirit may convert $3.98-million (U.S.) into shares pending TSX approval.

Diamond Fields' marine diamond mine off Namibia hit a record month. May output hit 3,529 carats, topping April's 3,189-carat record.

Diamond Fields International has appointed a new board director. Gooroodeo (Mahen) Sookun joins from Titanium Resources Group in Sierra Leone.

Diamond Fields reports strong marine diamond mining results. Its third diamond sale raised $661,615 US for 3,344 carats.

Diamond Fields closed its US$10-million private placement financing. Shares issued at 15 U.S. cents each are under hold until Sept. 16, 2007.

Diamond Fields exercised its option on the Valozoro nickel project. It now owns 100 per cent of the rights, valid until May, 2011.

Diamond Fields International plans to raise up to US$10 million. Shareholders vote June 20 on converting Spirit's $4-million credit facility.

Diamond Fields sold 2,029 carats of marine diamonds at $239 per carat. Total sales revenue was $484,692 (U.S.) for the parcel.

Diamond Fields International completed its continuation to B.C. The move took effect March 27, 2007.