DMDD To Expand Its Presence Within The Financial Community

NEW YORK, July 23 /PRNewswire-FirstCall/ - Diamond Discoveries International Corp. (OTC BB: DMDD) a U.S. exploration company focusing on diamonds, precious and base metal exploration in the province of Quebec is pleased to announced that it has engaged Westminster Securities Corporation (Westminister) to render capital market consulting services. Westminister shall consult with the company concerning the U.S. capital markets, access to financing, merger and acquisition opportunities and such other matters as DMDD may reasonably request to its interest as a public company.

Antonio Sciacca C.E.O of Diamond Discoveries stated, 'DMDD recognizes the importance of experienced guidance from a seasoned Wall Street firm such as Westminster in evaluating the financial and growth initiatives that unfold as we execute our business plan. We look forward to our relationship with Westminster and will keep our shareholders apprised of material developments as they occur.'

About Westminster Securities Corp

Westminster Securities Corporation is a full service brokerage firm operating in five principal areas: Investment Banking, Research, Retail & Institutional Account Management, Execution Services and Clearing and Operations. Founded in 1971, Westminster is a member of the New York Stock Exchange, National Association of Securities Dealers, The American Stock Exchange (Assoc.), The Archipelago Exchange and The Securities Investor Protection Corporation ('SIPC'). Westminster is headquarted at 100 Wall Street, New York, NY.

About Diamond Discoveries International Corp

Diamond Discoveries International Corp. is a U.S. exploration company with executive offices in New York, NY and Toronto, Ontario. Since inception through it's wholly owned subsidiary Diamond Discoveries (Canada) Inc. it has been focused on diamonds, gold and base metal exploration. In June of 2008 Platinum Discoveries Corp (www.platinumdiscoveriescorp.com) also a wholly owned subsidiary of DMDD, received a NI 43-101 technical report on its Caribou Property, Thetford Mines, Quebec.

Forward-Looking Statements

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involves risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in company filings with U.S. securities regulatory authorities.

SOURCE Diamond Discoveries International Corp.

Source: PR Newswire (July 23, 2008 - 3:00 PM EDT)

News by QuoteMedia
www.quotemedia.com