Diamcor Receives Final Approval of CND$2,006,300 Financing

Diamcor Mining Inc. has received final approval from the TSX Venture Exchange for its CND$2,006,300 non-brokered private placement. The closing of this offering was initially announced on July 2, 2024. Notably, insiders, management, directors, and large shareholders contributed $1,375,000.00 of this total amount.

NM Management Ltd., a Manitoba-based family holding company, acquired 6,000,000 units for $300,000.00. This increases NM's holdings to 31,827,890 shares and 6,000,000 warrants, representing approximately 18.87% of shares on a non-diluted basis and 18.12% on a partially diluted basis. Units include one common share and one non-transferable share purchase warrant, exercisable at CND $0.075 for 36 months.

The Company adhered to TSX Venture Exchange Policy 5.9 and MI 61-101, filing the offering as a related party transaction. Securities from the offering are subject to a hold period of four months plus one day. The offering was approved by Diamcor’s independent directors.

These securities are not registered under U.S. securities laws and cannot be sold in the United States without registration or an exemption. This announcement is not an offer or solicitation for the purchase of these securities in any jurisdiction where such offer would be illegal.