Diamond Fields Adopts Fixed Stock Option Plan

Marketwired

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 17, 2013) - Diamond Fields International Ltd. (TSX VENTURE:DFI) announces that on June 27, 2013, it received acceptance from the TSX Venture Exchange (the "Exchange") to the filing of a Fixed Stock Option Plan (the "Plan"), whereby 7,641,900 shares, being less than 10% of the issued and outstanding shares of the Company, have been reserved for issuance. Options can be granted under the Plan for a period of up to ten years, at a price not less than the greater of $0.10 per share and the "discounted market price" as defined by Exchange policies prevailing on the day the option is granted, or such other prices as may be required or permitted by the Exchange. As the Plan is for less than 10% of the Company's issued shares, no shareholder approval is required. The Company currently has 3,435,000 stock options outstanding, leaving 4,206,900 available to grant.

DIAMOND FIELDS INTERNATIONAL LTD.

Earl Young, CFO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:
Diamond Fields International Ltd.
Ian Ransome
(604) 685-9911
(604) 718-2808
Diamond Fields International Ltd.
Earl Young
CFO
(604) 685-9911
(604) 718-2808
www.diamondfields.com

View Comments (0)