July Update on Formerly North Star Diamonds Inc.
BELLINGHAM, WA, July 10 /PRNewswire-FirstCall/ — Formerly North Star Diamonds Inc. wishes to announce the status of the spinoffs from North Star Diamonds Inc.: Black Sea Minerals, Inc. has now received the CUSIP # which is 091939108. The shares will be issued shortly and will be mailed along with the shares of North Star Strategic Minerals, Inc. and North Star Canadian Diamonds, Inc. The electronic issuance of Black Sea Minerals, Inc. shares will be done concurrently. North Star Canadian Diamonds, Inc. has entered into an agreement with a provider of Canadian diamonds. These diamonds will be sold on a world-wide basis. Plans are being made to market Canadian Diamonds to the visitors and athletes to the Olympic Winter Games to be held in 2010 in Vancouver and Whistler. The website is being prepared. North Star Canadian Diamonds, Inc. is preparing an SB2, which is materially complete and is also preparing audited books in anticipation of being traded on the OTCBB.
About North Star Diamonds, Inc.
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: (604) 685-1527, or Email: contact@northstardiamonds.net, Walter Stunder, President
North Star Diamonds, Inc.
CONTACT: (604) 685-1527, or Email: contact@northstardiamonds.net, WalterStunder, President