Message #1 From:
NewsBot Date: December 21, 2005 07:11:00 PM
LGDI News Legend International Holdings Inc to Explore for Diamonds
NEW YORK--(BUSINESS WIRE)--Dec. 22, 2005--Legend International Holdings Inc, (OTCBB:LGDI), a Delaware Corporation, announced today that it will focus its exploration endeavors towards diamonds, through acquisition of existing diamond exploration projects or through greenfield exploration targets. Exploration will focus on countries with known diamond occurrences including Australia, Canada and South Africa.
About Legend International Holdings Inc
Legend International Holdings Inc is a Delaware corporation that is focussing its activities in the mining and exploration industry. Legend International Holdings Inc is looking to acquire strategic land positions in countries with known diamond occurrences for the purpose of undertaking diamond exploration. To date, Legend has not acquired any diamond exploration projects and there can be no assurance that Legend will be successful in locating, acquiring and developing any such projects.
For further information please visit our website at www.ldgi.net.
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of gold prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company's business is set forth in the Company's fiscal 2004 Annual Report on Form 10-KSB and other filings with the Securities and Exchange Commission.
