Diamcor Mining Engages Investor Cubed (I3) for Additional Investor Relations and Shareholder Communications

KELOWNA, BC / ACCESSWIRE / June 16, 2023 / Diamcor Mining Ltd (the "Company" or "Diamcor")(TSXV:DMI)(OTCQB:DMIFF)(FRA:DC3A) is pleased to announce that it has engaged Investor Cubed Inc. ("Investor Cubed") to provide additional investor relations and shareholder communications services in Canada for the Company.

Diamcor is focused on increasing awareness within various investment communities on the Company's various efforts, and the addition of Investor Cubed is aimed at furthering this objective. "Investor Cubed is an established company with 20 years' experience, and we look forward to their team providing us with additional introductions and awareness within the Canadian advisor community, as well as institutional investors and dealers" said Dean Taylor, CEO of Diamcor.

"Investor Cubed is excited to begin working with Diamcor, as we see the Company as having significant potential for revenue growth and expansion of their project in the near-term through the drilling and bulk sampling efforts over the greater areas recently announced", said Neil Simon, CEO of Investor Cubed. "We believe the current market metrics do not accurately reflect this growth potential, the existing assets, or how well positioned the Company is at a key time in the rough diamond sector", added Neil Simon, CEO.

The terms of the Investor Relations/Consulting Agreement with Investor Cubed (the "Agreement"), will commence on June 15^th for a one-year term (terminable at Diamcor's option after three months), and provide for cash compensation of $7,500.00 per month payable by Diamcor to Investor Cubed for services rendered pursuant to the terms of the Agreement. Subject to the approval of the Diamcor Board of Directors and applicable TSX Venture Exchange policies, Diamcor has also agreed to grant Investor Cubed options to purchase 300,000 shares to be priced at $0.15. The options will vest in accordance with the TSX Venture Exchange vesting requirements as follows: 75,000 options may be exercised on September 15, 2023, 75,000 on December 15, 2023, 75,000 options on March 15, 2024, and the final 75,000 options on June 15, 2024. All options expire three years from the date of issue and are subject to the required hold periods pursuant to applicable securities laws and TSX Venture Exchange policies. Investor Cubed's engagement is subject to acceptance by the TSX Venture Exchange.