Post by noahltl on Sept 29, 2005 7:20:00 GMT -6
NSDM update
Thursday September 29, 9:00 am ET
BELLINGHAM, WA, Sept. 29 /PRNewswire-FirstCall/ - North Star Diamonds, Inc. (NQB Pink Sheets: NSDM - News) reports on frequently asked questions.
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Work is almost complete on the pre-audit portion of the bookkeeping. Mr. George Wilson-Tagoe is reporting steady progress with regard to the finalization of the consolidation of the two years of records. This is a process which takes time as all contracts, opening balances, land acquisitions, and financings must be thoroughly reviewed for legal and accounting accuracy.
Walter Stunder and Rendal Williams visited the drill site on Phases 4 and 6. The farmers are very co-operative as the prospect of finding diamonds would assist the local economy which has been adversely affected by a near record year of rainfall. John Friesen, of Friesen Drillers, demonstrated the drilling equipment which will be used on the project. Drilling will begin when the geophysical data is processed and drill sites are established. NSDM is also negotiating with other potential joint venture partners.
Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.
DIAMOND DISCOUNTS
NSDM offers a wide selection of diamonds and diamond jewellery at the best price. Please call us at 877-454-7872 or email us at sales@northstardiamonds.net for further information. Marina Chakharian, NSDM's diamond consultant, will be happy to assist you with your purchase.
ABOUT NORTH STAR DIAMONDS, INC.
North Star Diamonds, Inc. is a diamond exploration and diamond sales company. The Company holds 117,820 acres of strategically acquired diamond claims mostly in the Southern Manitoba area of Canada. The company market diamonds in Canada and the United States. North Star Diamonds, Inc. has offices in Bellingham, WA and Vancouver, BC. www.northstardiamonds.net
Walter Stunder, President
Disclaimer: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
biz.yahoo.com/prnews/050929/to175.html?.v=12
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Source: North Star Diamonds, Inc.
Thursday September 29, 9:00 am ET
BELLINGHAM, WA, Sept. 29 /PRNewswire-FirstCall/ - North Star Diamonds, Inc. (NQB Pink Sheets: NSDM - News) reports on frequently asked questions.
ADVERTISEMENT
Work is almost complete on the pre-audit portion of the bookkeeping. Mr. George Wilson-Tagoe is reporting steady progress with regard to the finalization of the consolidation of the two years of records. This is a process which takes time as all contracts, opening balances, land acquisitions, and financings must be thoroughly reviewed for legal and accounting accuracy.
Walter Stunder and Rendal Williams visited the drill site on Phases 4 and 6. The farmers are very co-operative as the prospect of finding diamonds would assist the local economy which has been adversely affected by a near record year of rainfall. John Friesen, of Friesen Drillers, demonstrated the drilling equipment which will be used on the project. Drilling will begin when the geophysical data is processed and drill sites are established. NSDM is also negotiating with other potential joint venture partners.
Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.
DIAMOND DISCOUNTS
NSDM offers a wide selection of diamonds and diamond jewellery at the best price. Please call us at 877-454-7872 or email us at sales@northstardiamonds.net for further information. Marina Chakharian, NSDM's diamond consultant, will be happy to assist you with your purchase.
ABOUT NORTH STAR DIAMONDS, INC.
North Star Diamonds, Inc. is a diamond exploration and diamond sales company. The Company holds 117,820 acres of strategically acquired diamond claims mostly in the Southern Manitoba area of Canada. The company market diamonds in Canada and the United States. North Star Diamonds, Inc. has offices in Bellingham, WA and Vancouver, BC. www.northstardiamonds.net
Walter Stunder, President
Disclaimer: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
biz.yahoo.com/prnews/050929/to175.html?.v=12
--------------------------------------------------------------------------------
Source: North Star Diamonds, Inc.
