Diamcor Completes Private Placement

TSX.V Symbol (DMI) 
KELOWNA, BC, June 17, 2013 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI , 
OTCQX-DMIFF), (the "Company") an emerging producer of rough diamonds, 
announces that it has closed the non-brokered private placement announced on 
June 4, 2013 (the "Offering"). The previously announced Offering of up to 
1,500,000 units at a price of $1.25 per Unit was oversubscribed, with the 
Company issuing 1,587,784 units at a unit price of $1.25 per Unit for gross 
proceeds of $1,984,730. Each Unit consists of one common share (a "Share") 
of the Company and one-half of one common share purchase warrant (a 
"Warrant"). Each whole Warrant entitles the holder thereof to purchase one 
Share at an exercise price of $1.75 per share until the close of business on 
June 17, 2016. Securities issued pursuant to the Offering will be subject to 
a hold period ending on October 18, 2013. Upon closing the Offering, the 
Company has 35,142,678 shares issued and outstanding. 
The Proceeds from the Offering will be used for operating capital to support 
the continued advancement of the Company's Krone-Endora at Venetia Project, 
planned ramping up of operations currently underway, the continued processing 
of material aimed at recovering additional rough diamonds for planned sales in 
the short-term, and for general and corporate purposes. 
The Company will pay aggregate finder's fees of seven per cent (7%) in respect 
of an aggregate of $438,320 invested under the Offering, for total finder's 
fees of $30,682.40 in cash. The Company will also issue an aggregate of 
24,546 broker warrants exercisable to purchase up to 24,546 Shares of the 
Company at a price of $1.75 per Share until June 17, 2016. In accordance 
with the policies of the TSX Venture Exchange, the broker warrants are 
non-transferable. Common shares issued upon exercise of the broker warrants 
will also be subject to a hold period ending on October 18, 2013. 
About Diamcor Mining Inc. 
Diamcor Mining Inc. is a fully reporting publically traded junior diamond 
mining company which is listed on the TSX Venture Exchange under the symbol 
V.DMI, and on the OTC QX International under the symbol DMIFF. The Company 
has a well-established operational and production history in South Africa, 
extensive experience supplying rough diamonds to the world market, and has 
established a long-term strategic alliance with world famous Tiffany & Co. 
Rather than exposing itself to the high risks and costs associated with 
exploration, the Company's focus is on the identification, acquisition, and 
operation of unique diamond projects with near-term production potential such 
as the Krone-Endora at Venetia Project. For additional information on 
Diamcor, please visit our website at www.diamcormining.com. 
About the Tiffany & Co. Alliance 
As announced on March 29, 2011, the Company has established a long-term 
strategic alliance and first right of refusal with Tiffany & Co. Canada, a 
subsidiary of world famous New York based Tiffany & Co., to purchase up to 
100% of the future production of rough diamonds from the Krone-Endora at 
Venetia Project at then current prices to be determined by the parties on an 
ongoing basis. In conjunction with this first right of refusal, Tiffany & 
Co. Canada also provided the Company with substantial financing to advance the 
Project as quickly as possible. Tiffany & Co. is a publically traded company 
which is listed on the New York Stock Exchange under the symbol TIF. Founded 
in 1837, the Tiffany name is now globally recognised as one of the premier 
luxury jewellery and specialty retailers in the world. Through Tiffany & Co. 
and various other subsidiaries, the company is engaged in product design, 
manufacturing, and retailing activities on a global basis. As of January 
2013, Tiffany & Co. operated 275 stores and boutiques in the Americas, Japan, 
Asia-Pacific, Europe and the United Arab Emirates, and also engages in direct 
selling through internet, catalog and business gift operations. For additional 
information on Tiffany & Co., please visit their website at www.tiffany.com. 
About Krone-Endora at Venetia 
In February 2011, Diamcor acquired the Krone-Endora at Venetia Project from De 
Beers Consolidated Mines Limited, consisting of the prospecting rights over 
the farms Krone 104 and Endora 66, which represent a combined surface area of 
approximately 5,888 hectares directly adjacent to De Beers' flagship Venetia 
Diamond Mine in South Africa. De Beers previously completed various 
exploration efforts on initial areas of interest comprised of approximately 
307 hectares, a summary of which was reported in an initial Independent NI 
43-101 Technical Report filed by the Company on July 30, 2009. The deposits 
which occur on the properties of Krone and Endora have been identified as a 
higher-grade "Alluvial" basal deposit which is covered by a lower-grade upper 
"Eluvial" deposit. The deposits are proposed to be the result of the 
direct-shift (in respect to the "Eluvial" deposit) and erosion (in respect to 
the "Alluvial" deposit) of an estimated combined 1,000 m (1 km) of material 
from the higher grounds of the adjacent Venetia Kimberlite areas. The deposits 
on Krone-Endora occur in two layers with an average total depth of less than 
15.0 metres from surface to bedrock, allowing for a very low-cost mining 
operation to be employed with the potential for near-term diamond production 
from a known high-quality source. Krone-Endora also benefits from the 
significant development of infrastructure and services already in place due to 
its location directly adjacent to the Venetia Mine. Since acquiring 
Krone-Endora the Company has completed the construction and installation of 
extensive infrastructure at the Project, along with the installation of a 
purpose built modular processing plant, and extensive quarrying and in-field 
screening operations. Commissioning of the processing plant is now complete, 
and the Company's current efforts are designed to be a continuation of the 
ongoing advancement of the Project, and as part of the Company's final 
preparations in anticipation of a planned move to 24/7 operations in the near 
future. 
Qualified Person Statement: 
Mr. James P. Hawkins (BSc., P.Geo), is Manager of Exploration & Special 
Projects for Diamcor Mining Inc., and the Qualified Person in accordance with 
National Instrument 43-101 responsible for overseeing the execution of 
Diamcor's exploration programmes and a Member of the Association of 
Professional Engineers and Geoscientists of Alberta ("APEGA"). Mr. Hawkins 
has reviewed this press release and approved of its contents. 
On behalf of the Board of Directors 
Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc. DTaylor@diamcormining.com
Tel (250) 864-3326 www.diamcormining.com 
Investor Relations Contact:
Justin Vaicek
Liolios Group, Inc. DMI@liolios.com
Tel (949) 574-3860 
This press release contains certain forward-looking statements. While these 
forward-looking statements represent our best current judgement, they are 
subject to a variety of risks and uncertainties that are beyond the Company's 
ability to control or predict and which could cause actual events or results 
to differ materially from those anticipated in such forward-looking 
statements. Further, the Company expressly disclaims any obligation to 
update any forward looking statements. Accordingly, readers should not place 
undue reliance on forward-looking statements. 
WE SEEK SAFE HARBOUR 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that 
term is defined in policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release. 
Investor Relations Contact: Justin Vaicek Liolios Group, Inc. DMI@liolios.com 
Tel (949) 574-3860 
SOURCE: Diamcor Mining Inc. 
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CO: Diamcor Mining Inc.
ST: British Columbia
NI: MNG PVT  
-0- Jun/17/2013 12:30 GMT
 
 
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