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Message: Diamond Fields International Ltd. Announces DebtFinancing

(via Thenewswire.ca)



Vancouver, BC / TNW-ACCESSWIRE / July 15th 2014 / Diamond Fields International Ltd. (DFI: TSX-V) ("DFI" or the "Company") is pleased to announce that it has arranged short-term debt financing of two hundred ninety thousand US dollar ($290,000 CDN) with Spirit Resources SARL, its largest shareholder. Interest on the funds shall accrue at six percent (6%) per annum. The loan is unsecured and matures December 31, 2014. Approximate use of proceeds will be as follows:

-$130,000 for audit fees, corporate services, administration, rent and legal;

-$75, 000 for exploration and development, including registrations and licensing;

-$ 85,000 for general working capital.

ON BEHALF OF THE BOARD:


SIGNED: "
Ian Ransome"


Ian Ransome, Chief Executive Officer

For further information, contact Ian Ransome at +1 604 685 9911.

Website: www.diamondfields.com

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