Diamond Fields Announces Exercise of Warrants

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Sep 10, 2021

VANCOUVER, BC / ACCESSWIRE / September 10, 2021 / Diamond Fields Resources Inc. (TSX-V:DFR) ("DFR" or the "Company") is pleased to confirm that, as per the announcement of 25 August, 2021, Spirit Resources SARL ("Spirit") has exercised its share purchase warrants to acquire 10,666,667 DFR common shares at C$0.125 per share for proceeds of C$1,333,333.38. The funds received from the warrant exercise have been used to repay an existing US$1,000,000 loan, as well as interest amounting to US$15,123 thereon, held by Spirit with the remaining funds received from the exercise to be used for working capital.