Dianor Resources Inc

Focused on advancing Diamond Exploration properties in Canada.

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Message: Announces Grant of Stock Options

Announces Grant of Stock Options

posted on Apr 24, 2009 07:05AM
April 24, 2009
Dianor Announces Grant of Stock Options
VAL-D'OR, CANADA--(Marketwire - April 24, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Dianor Resources Inc. (TSX VENTURE:DOR) announces that its Board of Directors has granted stock options to eight directors and officers in respect of an aggregate of 1,140,000 common shares. At the same time, Dianor granted stock options to seven employees and consultants in respect of an aggregate of 390,000 common shares. The options were granted under Dianor's Stock Option Plan.

The exercise price of the options is $0.10 per share. The closing price of Dianor's common shares on the TSX Venture Exchange on April 23, 2009 was $0.08. The options expire in ten years, with the exception of the options granted to two consultants in respect of an aggregate of 150,000 common shares, which expire in five years.

About Dianor

Dianor is an innovative exploration company focused on advancing diamond exploration properties in Canada. The Leadbetter Diamond Project is its most advanced project and is located 12 kilometres north east of Wawa in Northern Ontario. Substantial exploration work has been conducted on the property since 2005 and the Company is in the process of permitting a 50,000 tonne bulk sampling program. In addition to diamonds, the conglomerate contains gold, sapphires and rubies (press release January 18th, 2007). New diamond discoveries including rare purple diamonds, by the Company in rocks of similar type, age (Archean) and geological settings (press release March 3rd, April 10th & May 13th, 2008) in Quebec have added further diamond properties to our portfolio of low cost, accessible exploration targets. These diamond discoveries (Ontario and Quebec) are both unique and amongst the oldest diamond bearing occurrences in the world.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to United States Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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