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Amending Agreement Draws Attention and Research.

Publication: M2 Presswire
Publication Date: 30-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2007-Pinnacle Digest: Amending Agreement Draws Attention and Research(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:30112007

www.PinnacleDigest.com is a performance-driven online financial magazine with a consistent and disciplined approach to the market. With our growing network of experienced professionals we strive to bring investors the only multi-dimensional online investing magazine. Recent news from Diadem Resources has led to further research by our team in order to determine if we will select them as our next Featured Company. Pinnacle members will be notified if we select them as our next equity target.

Diadem Resources Ltd. (TSX-V: DRL) experienced a 14.81% drop in share value Thursday along with 143,600 shares traded. On November 29th they announced that they have entered into an amending agreement. The agreement is with their joint venture partner, Darnley Bay Resources Ltd. and provides for an extension to June 30, 2008 of the period during which Diadem may earn-in to a 50% interest in the Franklin Diamond Project. This has spurred a review at Pinnacle Digest as we will be reviewing the influence and reasons for this extension along with its potential ramifications later in this article and on our site. To follow up with Diadem Resources continue with this article, or visit...



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