Diadem Clarifies Terms of Private Financing. Business Wire | July 20, 1998 | COPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

TORONTO--(BUSINESS WIRE)--July 20, 1998--Diadem Resources Ltd. (ME:DIR.), at the request of The Montreal Exchange, provides clarification on the terms of the private placement financing announced in a press release dated July 2, 1998.

On July 2, 1998, Diadem announced that it had signed an agreement whereby certain private investors would invest $5,100,000 in Diadem with the proceeds to be used to continue exploration and development work on its Leek Springs diamond project in California and its La Mestiza gold project in Nicaragua as well as for general working capital ...

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