Tahera Diamond Corporation
News
Sign Up for E-mail Alerts
TAH.TO: 0.00  +0.00

Tahera Corporation Closes Previously Announced $2 Million Private Placement

05/14/1999


Tahera Corporation ("Tahera") is pleased to announce the closing of the previously announced private placement of 10 million flow through shares at $0.20 per share for total proceeds of $2 million.

The proceeds of the issue will be used to fund part of the Jericho Diamond Project feasibility study, as well as exploration and development activities.

The Toronto Stock Exchange neither approves nor disapproves of the information contained herein.

For further information, please contact:

Grant Ewing
VP Investor Relations and Corporate Development
Email: investor@tahera.com

Web site www.tahera.com

Tel: (416) 777-1998
Fax: (416) 777-1898
Toll Free: (877) 777-2004